News
Important Only
EUR/JPY Price Forecast: Strengthens above 171.50, further consolidation cannot be ruled out
The EUR/JPY cross gains traction to near 171.85 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the improved risk sentiment, which undermines the safe-haven currency.
Fxstreet
10 minutes ago
USD/JPY Price Forecast: Strives to break above 200-day EMA
The USD/JPY pair trades 0.4% higher to near 148.00 during the late Asian trading session on Wednesday. The pair advances as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Tokyo Consumer Price Index (CPI) data for August, which is scheduled to be released on Friday.
Fxstreet
29 minutes ago
FOREX-Dollar makes feeble recovery as worries about Fed independence linger
Dollar weighed down by concerns over Fed independenceFed Governor Cook to file lawsuit to prevent Trump from firing herTwo-year U.S. Treasury yield falls to nearly four-month lowBy Rae Wee SINGAPORE, Aug 27 (Reuters) - The dollar staged a shaky recovery on Wednesday, with gains capped by renewed ...Reuters
42 minutes ago
SNB's Martin strikes cautious note on prospect of negative rates
ZURICH, Aug 27 (Reuters) - The bar is higher for the Swiss National Bank to move interest rates into negative territory than it would be to cut rates if they were still above zero, the central bank's Vice Chairman Antoine Martin was quoted as saying on Wednesday.The SNB in June cut its policy ra...Reuters
57 minutes ago
USD/CAD ticks up around 1.3850, Fed Cook’s ousting keeps US Dollar on back foot
The USD/CAD pair edges higher to near 1.3850 during the late Asian trading session on Wednesday. The Loonie pair gains marginally as the US Dollar (USD) ticks up, with the US Dollar Index (DXY) rising slightly to near 98.35.
Fxstreet
an hour ago
Silver Price Forecast: XAG/USD tumbles to near $38.50 as US Dollar rebounds
The Silver price (XAG/USD) attracts some sellers to around $38.50 during the Asian trading hours on Wednesday. The white metal retreats from a two-week low due to some profit-taking and a stronger US Dollar (USD).
Fxstreet
2 hours ago
Australian dollar gets only fleeting help from high CPI
By Wayne Cole SYDNEY, Aug 27 (Reuters) - The Australian dollar edged up briefly on Wednesday after a surprisingly high reading on consumer prices seemingly dealt a blow to hopes for a near-term rate cut, though analysts cautioned there was a lot of noise in the data.The monthly reading of consume
Reuters
2 hours ago
Australian Dollar holds ground following stronger monthly CPI
The Australian Dollar (AUD) remains steady following the release of the Monthly Consumer Price Index (CPI) on Wednesday. However, the AUD/USD pair receives downward pressure as the US Dollar (USD) recovers its recent losses from the previous session.Fxstreet
3 hours ago
USD/JPY trades above 147.50, upside capped by Fed concerns
USD/JPY recovers its recent losses from the previous session, trading around 147.60 during the Asian hours on Wednesday. However, the upside of the pair could be restrained as the US Dollar (USD) may struggle amid rising concerns over Federal Reserve (Fed) independence.Fxstreet
4 hours ago
FOREX-Dollar weak as investors fret about Fed independence
Dollar weighed down by concerns over Fed independenceFed Governor Cook to file lawsuit to prevent Trump from firing herTwo-year U.S. Treasury yield falls to nearly four-month lowBy Rae Wee SINGAPORE, Aug 27 (Reuters) - The dollar struggled to gain ground on Wednesday as renewed investor worries a...Reuters
5 hours ago
NZD/USD flat lines near 0.5850 on worries over Fed’s independence
The NZD/USD pair holds steady near 0.5860 during the early Asian session on Wednesday. Rising concerns over the Federal Reserve’s (Fed) independence could weigh on the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
6 hours ago
GBP/USD churns chart paper near key figures ahead of quiet session
GBP/USD rebounded from early-week losses on Tuesday, bouncing back up from a fresh technical floor near the 1.3450 level. Cable has been drifting within familiar technical levels as broad-market investor sentiment grinds to a halt ahead of key US economic figures.Fxstreet
6 hours ago
USD/CAD weakens below 1.3850 amid renewed concerns over Fed's independence
The USD/CAD pair loses ground to near 1.3835 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian dollar (CAD) amid fears over the Federal Reserve’s (Fed) independence after US President Donald Trump announced he was firing a Fed Governor Lisa Cook.Fxstreet
7 hours ago
AUD/USD holds steady near key technical levels
AUD/USD is holding steady between familiar technical levels after catching a thin bid on Tuesday. US economic releases will take a breather on Wednesday, giving Aussie traders a chance to catch their breath, at least after the next round of Australian Consumer Price Index (CPI) inflation data.Fxstreet
8 hours ago
FOREX-Dollar trades lower as Trump's move to fire Fed governor spooks investors
Trump fires Governor Cook amid push for more influence at FedCook's removal highlights worries over Fed independenceEUR, GBP gain against U.S. dollarFrench bonds tumble as government faces collapseBy Laura Matthews NEW YORK, Aug 26 (Reuters) - The dollar fell against major currencies on Tuesd...Reuters
10 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.3833 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.3823 to 1.3868.Canadian government 10-year bond yields CA10Y...Reuters
11 hours ago
