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EUR/USD extends into a third straight down day as Fed rate call looms

EUR/USD slid into a third straight loss on Tuesday as market sentiment sours on the back of roiled EU parliamentary elections.

Fxstreet

Jun 11, 2024

GBP/USD struggles to gain ground below 1.2750 ahead of US CPI, Fed rate decision

The GBP/USD pair trades with mild losses around 1.2740 during the early Asian session on Wednesday.

Fxstreet

Jun 11, 2024

South Korea Unemployment Rate remains at 2.8% in May

South Korea Unemployment Rate remains at 2.8% in May

Fxstreet

Jun 11, 2024

NZD/JPY Price Analysis: Cross resilient above 20-day SMA, further upside limited

On Tuesday, the NZD/JPY pair demonstrated resilience above the 20-day Simple Moving Average (SMA) at 95.90, with the pair inching closer to cycle highs near 97.00.

Fxstreet

Jun 11, 2024

EUR/JPY Price Analysis: Pair stands neutral, 20-day SMA stands as a strong resistance

On Tuesday, the EUR/JPY pair continued to float around the 168.00 level, moving minorly negative as the pair continued sideways trading.

Fxstreet

Jun 11, 2024

USD/JPY Price Analysis: Struggles at 157.00, drops and remains subdued

The USD/JPY retreats during the North American session yet is virtually unchanged as traders brace for Wednesday’s busy economic docket, which will feature May's US Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) monetary policy decision.

Fxstreet

Jun 11, 2024

EUR/GBP hobbled by European election turmoil, but soft UK labor limits losses

EUR/GBP shed weight on Tuesday, extending recent losses and falling a third of a percent as turbulent EU Parliamentary elections destabilize European markets.

Fxstreet

Jun 11, 2024

AUD/JPY Price Analysis: Bulls Make Stride, consolidation still prevailing

In Tuesday’s sessions, the AUD/JPY pair has been making strides to improve the short-term outlook, nearing the 20-day Simple Moving Average (SMA) at 103.90.

Fxstreet

Jun 11, 2024

AUD/USD features mild losses after mixed Australian NAB figures

On Tuesday, the AUD/USD pair experienced mixed trading, facing some bearish pressure and lingering around the 0.6605 area.

Fxstreet

Jun 11, 2024

Mexican Peso plummets as Sheinbaum and AMLO reaffirm judiciary reform plans

The Mexican Peso freefall continued Tuesday, following virtual President-Elect Claudia Sheinbaum’s press conference on Monday, during which she reassured voters the judiciary reform is a go, raising investors' fears as the USD/MXN soared.

Fxstreet

Jun 11, 2024

Canadian Dollar holds flat as markets buckle down ahead of Fed ‘dot plot’ update

The Canadian Dollar (CAD) is trading mostly flat on Tuesday as investors stubbornly dig in their heels ahead of Wednesday’s key data prints from the US.

Fxstreet

Jun 11, 2024

GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision

The GBP/USD dropped during the North American session after employment data from the UK was weaker than expected, undermining the Pound Sterling.

Fxstreet

Jun 11, 2024

USD/CAD Price Analysis: Rises to 1.3800 ahead of US CPI and Fed’s policy decision

The USD/CAD pair jumps to near the round-level resistance of 1.3800 in Tuesday’s American session.

Fxstreet

Jun 11, 2024

AUD/USD stabilizes near 0.6600 albeit uncertainty ahead of US CPI and Fed’s decision

The AUD/USD pair gains ground slightly below the round-level resistance of 0.6600 in Tuesday’s New York session.

Fxstreet

Jun 11, 2024

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May

Fxstreet

Jun 11, 2024

EUR/USD slides further amid increasing uncertainty after EU election results

EUR/USD shows weakness near the immediate support of 1.0730 in Tuesday’s European session.

Fxstreet

Jun 11, 2024

EUR/GBP declines toward 0.8400 amid uncertainty over French elections

The EUR/GBP pair seems exposed to more downside towards the round-level support of 0.8400.

Fxstreet

Jun 11, 2024

Mexican Peso weakens after Sheinbaum confirms reform of judiciary

The Mexican Peso (MXN) trades roughly a percent lower in its key pairs on Tuesday after a press conference by President-elect Claudia Sheinbaum.

Fxstreet

Jun 11, 2024

NZD/USD depreciates to near 0.6100 due to waning odds of a Fed rate cut in September

NZD/USD edges lower to near 0.6120 during the European trading session on Tuesday.

Fxstreet

Jun 11, 2024

AUD/USD Price Analysis: Poised to break down after piercing bottom of range

AUD/USD has broken below the floor of a short-term range before pulling up.

Fxstreet

Jun 10, 2024

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