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NZD/USD remains below 0.5650 after paring losses, US PCE eyed

NZD/USD recovers daily losses to halt its losing streak, trading around 0.5640 during the early European hours on Friday.

Fxstreet

Dec 20, 2024

EUR/GBP gathers strength to near 0.8300 after UK Retail Sales data

The EUR/GBP cross drifts higher to near 0.8300 during the early European session on Friday.

Fxstreet

Dec 20, 2024

Germany Producer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in November

Germany Producer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in November

Fxstreet

Dec 20, 2024

Germany Producer Price Index (YoY) came in at 0.1%, above expectations (-0.3%) in November

Germany Producer Price Index (YoY) came in at 0.1%, above expectations (-0.3%) in November

Fxstreet

Dec 20, 2024

USD/CAD moves toward multi-year highs above 1.4400 due to risk aversion, lower Oil prices

USD/CAD retraces its recent losses and edges higher toward 1.4467, the highest level not seen since March 2020, which was recorded in the previous session.

Fxstreet

Dec 20, 2024

USD/CHF gains ground above 0.8950 as traders brace for US PCE data

The USD/CHF pair holds positive ground around 0.8980 during the early European session on Friday.

Fxstreet

Dec 20, 2024

EUR/USD struggles near 1.3060 area, just above two-year low ahead of US PCE data

The EUR/USD pair continues with its struggle to attract any meaningful buyers and oscillates in a range around the 1.0360 area during the Asian session on Friday.

Fxstreet

Dec 20, 2024

GBP/USD Price Forecast: Tests seven-month lows below 1.2500

GBP/USD continues to lose ground for the third consecutive day, trading around 1.2490 during the Asian hours on Friday.

Fxstreet

Dec 20, 2024

Japanese Yen bulls remain on the sidelines despite strong Japan’s National CPI print

The Japanese Yen (JPY) prolongs a two-week-old downtrend and hits a five-month low against its American counterpart during the Asian session on Friday.

Fxstreet

Dec 20, 2024

USD/INR softens ahead of US Core PCE release

The Indian Rupee (INR) recovers on Friday after depreciating to an all-time low of 85.12 in the previous session.

Fxstreet

Dec 20, 2024

Australian Dollar remains tepid following PBoC monetary policy decision

The Australian Dollar (AUD) retraces its recent gains from the previous session against the US Dollar (USD) following the People’s Bank of China’s (PBoC) monetary policy decision on Friday.

Fxstreet

Dec 20, 2024

NZD/USD drifts lower below 0.5650 as weaker GDP fuels RBNZ rate cut bets

The NZD/USD pair remains under selling pressure around 0.5625 during the Asian trading hours on Friday.

Fxstreet

Dec 20, 2024

PBOC sets USD/CNY reference rate at 7.1901 vs. 7.1911 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at , as compared to the previous day's fix of 7.1901 and 7.3086 Reuters estimates.

Fxstreet

Dec 20, 2024

Australian Dollar rebounds from two-year lows as US Dollar rally pauses

The Australian Dollar rebounds from two-year lows of around 0.6200, buoyed by a pause in the US Dollar’s hawkish Fed cut-inspired uptrend. Although the Federal Reserve’s cautious tone on further cuts initially lifted the Greenback, the Aussie is finding relief as investors reassess growth prospects.

Fxstreet

Dec 20, 2024

EUR/USD weakens to near 1.0350 on Fed hawkish cut, stronger US data

The EUR/USD pair trades with a mild negative bias around 1.0360 during the early Asian session on Friday.

Fxstreet

Dec 20, 2024

USD/CAD holds positive ground above 1.4400, eyes on Canadian Retail Sales, US Core PCE data

The USD/CAD pair gathers strength to near 1.4405 during the early Asian session on Friday, bolstered by the firmer Greenback broadly.

Fxstreet

Dec 20, 2024

NZD/USD Price Analysis: Drops to 0.5630, extending its bearish streak

The NZD/USD pair extended its downtrend on Thursday, slipping by 0.36% to approximately 0.5630, a fresh multi-year low.

Fxstreet

Dec 19, 2024

Forex Today: BoJ and BoE hold rates, US Core PCE up next

What you need to take care of on Friday, December 20: The major economies' central bank bonanza finished with decisions of the Bank of England and the Bank of Japan.

Fxstreet

Dec 19, 2024

Mexican Peso gains as Banxico cuts rates, following Fed’s lead

The Mexican Peso strengthened against the US Dollar on Thursday after the Banco de Mexico reduced interest rates as expected following the Federal Reserve’s (Fed) Wednesday decision.

Fxstreet

Dec 19, 2024

GBP/USD tumbles near 1.2500 breakdown as US data boosts USD

The GBP/USD extended its losses during the North American session, with sellers targeting a break below 1.2500.

Fxstreet

Dec 19, 2024

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