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USD/INR loses momentum amid India’s foreign inflow hopes
The Indian Rupee (INR) gains traction on Tuesday, supported by the softer US Dollar (USD) across the board.
Fxstreet
Jun 25, 2024
Australian Dollar declines despite improved Consumer Sentiment index
The Australian Dollar (AUD) inches lower on Tuesday despite an improvement in Australia's Westpac Consumer Confidence Index, released on Tuesday.
AUD/USD
Fxstreet
Jun 25, 2024
PBOC sets USD/CNY reference rate at 7.1225 vs. 7.1201 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1225, as against the previous day's fix of 7.1201 and 7.2587 Reuters estimates.
USD/CNH
Fxstreet
Jun 25, 2024
NZD/JPY Price Analysis: Cross extends gains to multi-year highs around 97.50
On Monday, the NZD/JPY pair recorded a low of 97.28 before buyers stepped in and cleared all losses, stabilizing the cross at around 97.80.
NZD/JPY
Fxstreet
Jun 24, 2024
AUD/JPY Price Analysis: Hits 17-year high above 106.00 on JPY weakness
The Australian Dollar surged to a new 17-year high of 106.37 against the Japanese Yen as the Bank of Japan failed to increase interest rates on its latest monetary policy decision, which weighed on the Japanese currency.
AUD/JPY
Fxstreet
Jun 24, 2024
GBP/JPY Price Analysis: Bulls persist and propelled pair to fresh cycle, overbought signals arise
During Monday's session, the GBP/JPY pair sustained its uptrend, hitting new cycle highs around 202.50, reaching its highest point since 2007.
GBP/JPY
Fxstreet
Jun 24, 2024
USD/JPY Price Analysis: Remains bullish amid intervention threats
The USD/JPY is flat but advanced steadily towards the 160.00 figure for the second time in 2024 and hit a two-month high of 159.93 before trimming some of earlier gains.
USD/JPY
Fxstreet
Jun 24, 2024
Australian Dollar starts the week higher, markets await key inflation data
Monday's session noted a recovery in the Australian Dollar (AUD) and the AUD/USD found support at the 0.6640 threshold, where the 20-day Simple Moving Average (SMA) converges.
AUD/USD
Fxstreet
Jun 24, 2024
Mexican Peso skyrockets as inflation ticks higher
The Mexican Peso recovered and appreciated for the third consecutive trading day against the US Dollar as investors braced for the Bank of Mexico's (Banxico) next monetary policy decision on Thursday.
USD/MXN
Fxstreet
Jun 24, 2024
Canadian Dollar drifts higher on quiet Monday
The Canadian Dollar (CAD) found some room on the high side on Monday, easing higher as the US Dollar softly receded across the board.
USD/CAD
Fxstreet
Jun 24, 2024
GBP/USD Price Analysis: Surges toward 1.2700 on US Dollar weakness
The Pound Sterling climbs sharply against the US Dollar as US Treasury bond yields remain unchanged, but the Greenback remains softer as it falls to a fresh two-day low, as depicted by the US Dollar Index (DXY).
GBP/USD
Fxstreet
Jun 24, 2024
NZD/USD Price Analysis: Exhibits sluggishness amid uncertainty over timing of Fed rate cuts
The NZD/USD pair trades in a limited range between 0.6105-0.1030 in Monday’s early American session.
NZD/USD
Fxstreet
Jun 24, 2024
USD/JPY: The pair flirts with 160 – Societe Generale
Meanwhile, the yen is in a big spot of bother, FX strategist Kit Juckes at Societe Generale notes.
USD/JPY
Fxstreet
Jun 24, 2024
EUR/USD: Topside for EUR/USD is very limited – Societe Generale
This morning’s IFO data confirm what the PMIs told us – expectations are down, FX strategist Kit Juckes at Societe Generale notes.
EUR/USD
Fxstreet
Jun 24, 2024
EUR/GBP bulls need patience – ING
We believe the Bank of England (BoE) took a step in the direction of an August rate cut last week, even though core policy communication did not change meaningfully, FX Strategist at ING Francesco Pesole notes.
EUR/GBP
GBP/USD
Fxstreet
Jun 24, 2024
EUR/USD bounces back strongly as market sentiment improves
The EUR/USD pair recovers strongly from a weekly low of 1.0670 in Monday’s European session.
EUR/USD
Fxstreet
Jun 24, 2024
More space for risk premium build-up in the Euro – ING
Latest polls show Marine Le Pen’s far-right RN party remains in the lead (35%) ahead of Sunday’s first round parliamentary vote, followed by left-wing NPF party (29%) and President Emmanuel Macron’s centrist coalition (19%), ING’s FX Strategist Francesco Pesole notes.
EUR/USD
Fxstreet
Jun 24, 2024
USD/CAD extends downside to 1.3670 with focus on BoC’s Macklem speech
The USD/CAD pair extends its losing streak for the seventh trading session on Monday.
USD/CAD
Fxstreet
Jun 24, 2024
Dollar slips off highs ahead of PCE data, euro sees some support
Investing.com - The U.S. dollar edged lower Monday, consolidating after climbing to a near eight-week high last week, while the euro rose despite weak German business sentiment.At 05:25 ET (09:25 GMT)
Investing.com
Jun 24, 2024
USD/JPY: The pair to rise above 160.00, potentially reaching 160.25 – UOB Group
As long as the US Dollar (USD) remains above 159.30, it could rise above 160.00, potentially reaching another resistance level at 160.25, UOB Group analysts note.
USD/JPY
Fxstreet
Jun 24, 2024
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