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USD/INR posts modest gains, investors await RBI rate decision

Indian Rupee (INR) weakens on Friday on the modest recovery of the US Dollar (USD).

Fxstreet

Jun 7, 2024

PBOC sets USD/CNY reference rate at 7.1106 vs. 7.1108 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1106, as against the previous day's fix of 7.1108 and 7.2430 Reuters estimates.

Fxstreet

Jun 7, 2024

NZD/USD edges higher near 0.6200, Fed rate cut in focus

The NZD/USD pair trades on a stronger note near 0.6195 during the early Asian session on Friday.

Fxstreet

Jun 7, 2024

AUD/USD trades with mild gains above 0.6650, all eyes on US NFP data

The AUD/USD pair trades with mild gains near 0.6670 on Friday during the early Asian trading hours.

Fxstreet

Jun 6, 2024

GBP/USD extends upside near 1.2800 ahead of US NFP data

The GBP/USD pair trades in positive territory for the third consecutive day around 1.2795 during the early Asian session on Friday.

Fxstreet

Jun 6, 2024

EUR/USD looks for bullish push ahead of final EU GDP and US NFP data drops

EUR/USD pushed back into near-term highs on Thursday, easing below 1.0870 in early market action before recovering ground and re-pinning into familiar technical levels just below 1.0900 to close out the US market session.

Fxstreet

Jun 6, 2024

EUR/JPY Price Analysis: Range-bound below 170.00 awaits fresh catalyst

The EUR/JPY registered minimal losses of 0.13% on Thursday after the European Central Bank (ECB) decided to cut interest rates, failing to undermine the Euro.

Fxstreet

Jun 6, 2024

USD/JPY Price Analysis: Consolidated inside Kumo, bears eye 155.00

The USD/JPY registered modest losses of 0.30% on Thursday, as the Greenback remains on the backfoot ahead of crucial US jobs data on Friday.

Fxstreet

Jun 6, 2024

GBP/JPY cools its heels just above 199.00 in quiet Thursday action

GBP/JPY is cruising through a data-light week, cycling between 200.00 and 199.00 as investors await higher-impact calendar releases from both the UK and Japan.

Fxstreet

Jun 6, 2024

Forex Today: US Payrolls and rate cut expectations will be in the spotlight

Prudence ahead of the publication of the US labour market report dominated investors’ sentiment on Thursday, leaving price action in the FX universe largely muted.

Fxstreet

Jun 6, 2024

Mexican Peso moderately depreciates as global rate cut turn sours sentiment

The Mexican Peso depreciated moderately against the US Dollar on Thursday after a major central bank added its name to the list of institutions that began to ease monetary policy as the disinflation process evolved.

Fxstreet

Jun 6, 2024

Canadian Dollar flattens on Thursday as markets await US NFP

The Canadian Dollar (CAD) settled into a holding pattern on Thursday as markets batten down the hatches ahead of Friday’s key labor data from both the US and Canada.

Fxstreet

Jun 6, 2024

GBP/USD Price Analysis: Consolidates below strong resistance at around 1.2800

The Pound Sterling stays firm during Thursday’s North American session, yet it remains below 1.2800 after hitting a daily high of 1.2809 against the US Dollar.

Fxstreet

Jun 6, 2024

EUR/AUD edges higher after well-anticipated ECB rate cut

EUR/AUD is trading up a tenth of a percent in the 1.6360s on Thursday after the European Central Bank (ECB) announces a highly anticipated interest-rate cut of 0.25% at its June policy meeting.

Fxstreet

Jun 6, 2024

AUD/USD finds cushion near 0.6630 as US Dollar retreats after weekly US jobless data

The AUD/USD pair rebounds from 0.6630 in Thursday’s New York session.

Fxstreet

Jun 6, 2024

EUR/GBP Price Analysis: Remains below range lows, poised to continue south

EUR/GBP continues trading below the base of the multi-month range it broke out of on May 22.

Fxstreet

Jun 6, 2024

USD/CHF Price Analysis: Falls back to 0.8900 amid fears of SNB’s intervention

The USD/CHF pair retreats while attempting to extend recovery above the immediate resistance of 0.8950 on Thursday.

Fxstreet

Jun 6, 2024

USD/CAD Price Analysis: Recovers intraday losses as US Dollar rebounds with US NFP looms

The USD/CAD pair bounces back from the day’s low of 1.3666 in Thursday’s London session.

Fxstreet

Jun 6, 2024

EUR/JPY holds gains near 170.00 with eyes on ECB policy meeting

The EUR/JPY pair clings to gains near the psychological resistance of 170.00 in Thursday’s European session.

Fxstreet

Jun 6, 2024

Pound Sterling holds strength as string of weak US job data spurs Fed rate-cut bets

The Pound Sterling (GBP) trades close to a two-month high slightly below the round-level figure of 1.2800 against the US Dollar (USD) in Thursday’s London session.

Fxstreet

Jun 6, 2024

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