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USD/JPY Price Analysis: Correction from top of channel finds support

USD/JPY has corrected back after touching the top of a rising channel it has been in since the start of 2023.

Fxstreet

Jul 8, 2024

USD/JPY: To remain on the back foot in the coming weeks – Rabobank

USD/JPY has moved from around 140 to 160 in the year to date.

Fxstreet

Jul 8, 2024

USD/CAD steadies above 1.3600 as prospects of BoC’s subsequent rate cuts improve

The USD/CAD pair holds ground above the crucial support of 1.3600 in Monday’s European session.

Fxstreet

Jul 8, 2024

EUR/USD: Trades fractionally lower (-0.01%) at 1.0835 – Deutsche Bank

The second round of the French elections where an electoral shock with the far-left New Popular Front securing the surprise outcome of being the largest group, Deutsche Bank analysts note.

Fxstreet

Jul 8, 2024

EUR/USD clings to gains above 1.0800 as Fed rate-cut bets swell

EUR/USD stabilizes above the round-level support of 1.0800 in Monday’s European session.

Fxstreet

Jul 8, 2024

Dollar stabilizes ahead of key inflation data; euro gains

Investing.com - The U.S. dollar steadied in early European trade Monday ahead of key inflation data, while the euro edged higher as traders digested the results of the French parliamentary elections.A

Investing.com

Jul 8, 2024

Mexican Peso rises in key pairs amid increased political risk

The Mexican Peso (MXN) trades higher in its key pairs on Monday amid a subdued market mood.

Fxstreet

Jul 8, 2024

USD/JPY: Is set to be rangebound between 159.40 and 161.80 – UOB Group

The US Dollar (USD) could drop further to 160.20 before stabilisation can be expected.

Fxstreet

Jul 8, 2024

NZD/USD: The pair trades towards 0.6180 – UOB Group

Room for NZD to rise further. The resistance level at 0.6180 is likely out of reach for now, with a chance to reach 0.6200, analysts at UOB Group note.

Fxstreet

Jul 8, 2024

AUD/USD: Likely to continue to rise to 0.6800 – UOB Group

Room for Australian Dollar (AUD) to rise above 0.6755. Overbought conditions suggest it might not be able to maintain a foothold above this level, but increasing upward momentum suggests AUD is likely to continue to rise to 0.6800, UOB Group analysts note.

Fxstreet

Jul 8, 2024

GBP/USD is set to rise above 1.2860 – UOB Group

Further Pound Sterling (GBP) strength is not ruled out. As rapid rise is approaching overbought levels, 1.2860 is unlikely to come under threat.

Fxstreet

Jul 8, 2024

Eurozone Sentix Investor Confidence Index falls sharply to -7.3 in July vs. 0.3 previous

The Eurozone Sentix Investor Confidence Index dropped sharply from 0.3 in June to -7.3 in July, according to the latest survey published on Monday.

Fxstreet

Jul 8, 2024

Eurozone Sentix Investor Confidence down to -7.3 in July from previous 0.3

Eurozone Sentix Investor Confidence down to -7.3 in July from previous 0.3

Fxstreet

Jul 8, 2024

EUR/USD: A slight chance to break above 1.0850 – UOB Group

Instead of pulling back, the Euro (EUR) is more likely to trade in a range between 1.0800 and 1.0845.

Fxstreet

Jul 8, 2024

Pound Sterling holds gains on UK Starmer’s landslide victory and increased Fed rate-cut prospects

The Pound Sterling (GBP) exhibits a mixed performance against its major peers in Monday’s London session.

Fxstreet

Jul 8, 2024

Forex Today: US Dollar selloff pauses in quiet start to week

Here is what you need to know on Monday, July 8: The US Dollar (USD) stays resilient against its major rivals at the beginning of the new week.

Fxstreet

Jul 8, 2024

USD/CHF extends losing streak as Fed rate cut prospects improve

The USD/CHF pair extends its losing streak for the fourth trading day on Monday.

Fxstreet

Jul 8, 2024

USD/INR weakens amid Fed rate cut hopes, falling crude oil prices

The Indian Rupee (INR) strengthens on Monday. The expectation that the US Federal Reserve (Fed) might cut the interest rate in September has lifted the INR.

Fxstreet

Jul 8, 2024

EUR/USD Price Analysis: Holds position around 1.0850 due to bullish bias

EUR/USD halts its seven-day winning streak, trading around 1.0830 during the Asian hours on Monday.

Fxstreet

Jul 8, 2024

NZD/USD posts fresh three-week high near 0.6150 in countdown to RBNZ policy

The NZD/USD pair refreshes a three-week high near 0.6150 in Monday’s Asian session.

Fxstreet

Jul 8, 2024

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