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Australian Dollar rebounds as economists predict the RBA to maintain rates in June

The Australian Dollar (AUD) has recovered from Friday's losses, possibly driven by improved risk appetite.

Fxstreet

Jun 14, 2024

USD/INR extends the rally on hawkish Fed projection, eyes on Indian WPI Inflation data

Indian Rupee (INR) weakens on Friday on the extended gains of US Dollar (USD).

Fxstreet

Jun 14, 2024

Japanese Yen remains subdued ahead of BoJ policy decision

The Japanese Yen (JPY) edges lower against the US Dollar (USD) as the market anticipates the Bank of Japan's (BoJ) upcoming interest rate decision on Friday.

Fxstreet

Jun 14, 2024

PBOC sets USD/CNY reference rate at 7.1151 vs. 7.1122 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1151, as against the previous day's fix of 7.1122 and 7.2620 Reuters estimates.

Fxstreet

Jun 14, 2024

EUR/USD holds steady below 1.0750 amid stronger US Dollar, political uncertainty in France

The EUR/USD pair trades on a flat note around 1.0735 on Friday during the early Asian trading hours.

Fxstreet

Jun 14, 2024

GBP/USD weakens below 1.2800 as Fed pencils just one rate cut this year

The GBP/USD pair edges lower near 1.2760 after three consecutive sessions of gain during the early Asian session on Friday.

Fxstreet

Jun 13, 2024

USD/CHF Price Analysis: Consolidates around 200-DMA as bears moved in

The USD/CHF was subdued on Thursday, yet minimal losses of 0.06% were printed following the release of the softer US producer inflation report.

Fxstreet

Jun 13, 2024

NZD/USD Price Analysis: Consolidation phase continues as bulls struggle to gain ground

The NZD/USD rose to a high of 0.6217 before stabilizing at 0.6170.

Fxstreet

Jun 13, 2024

EUR/USD backslides as risk-off flows bolster Greenback heading into Friday

EUR/USD tumbled back into recent lows below 1.0750 on Thursday, paring away recent gains as confidence in the Euro (EUR) flounders on the back of EU political instability.

Fxstreet

Jun 13, 2024

AUD/JPY Price Analysis: Bulls take a breather, sellers test the 20-day SMA support

In Thursday's session, the AUD/JPY pair witnessed a dip towards 104.00 as buyers cashed in their profits, which saw the pair soaring above the 20-day Simple Moving Average (SMA).

Fxstreet

Jun 13, 2024

EUR/GBP declines to 22-month low as pressure on Euro weighs

EUR/GBP saw a sharp downside push on Thursday, driving the pair to a nearly two-year low near the 0.8400 handle as political and economic uncertainty weigh on the Euro (EUR).

Fxstreet

Jun 13, 2024

EUR/JPY Price Analysis: Seems to peak around 170.00, bears eye further downside

The EUR/JPY seesawed within a 180-pip range on Thursday yet is posting losses of 0.45% after hitting a daily high of 170.13.

Fxstreet

Jun 13, 2024

GBP/JPY pulls back after hitting another fresh 16-year high, cracks 201.00

GBP/JPY tested into a fresh 16-year high above 201.00 on Thursday, tipping into 201.32 before falling back into the previous day’s range as Guppy traders jostle for position ahead of the Bank of Japan’s (BoJ) latest rate call and Monetary Policy Statement.

Fxstreet

Jun 13, 2024

Mexican Peso climbs as Banxico hints at readiness to intervene

The Mexican Peso recovered some ground on Thursday and appreciated 0.93% following a verbal intervention by the Bank of Mexico (Banxico).

Fxstreet

Jun 13, 2024

Canadian Dollar pares away gains on Thursday

The Canadian Dollar (CAD) pared back recent gains against the US Dollar (USD) on Thursday, shedding a quarter of a percent against the USD as market flows pull back to safety and bolster the Greenback.

Fxstreet

Jun 13, 2024

GBP/USD Price Analysis: Struggles to remain above 1.2800, falls

The GBP/USD experienced a retreat early in the North American session, down by 0.23%.

Fxstreet

Jun 13, 2024

AUD/USD finds temporary support near 0.6650 as US PPI unexpectedly cools down

The AUD/USD pair finds support near 0.6650 in Thursday’s New York session.

Fxstreet

Jun 13, 2024

USD/JPY returns to the levels seen before US CPI data release – Rabobank

The US Dollar (USD) dropped a bit following the release of the softer-than-expected US CPI inflation report on Wednesday.

Fxstreet

Jun 13, 2024

Brazil Retail Sales (MoM) below forecasts (1.3%) in April: Actual (0.9%)

Brazil Retail Sales (MoM) below forecasts (1.3%) in April: Actual (0.9%)

Fxstreet

Jun 13, 2024

USD/CHF Price Analysis: Rises to 0.8950 as Fed dials back multiple rate-cut prospects

The USD/CHF pair edges higher to 0.8955 in Thursday’s European session.

Fxstreet

Jun 13, 2024

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