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GBP/USD Price Forecast: Trades above 1.3500 after rebounding from 50-day EMA
GBP/USD rebounds after two days of gains, trading around 1.3560 during the Asian hours on Friday. The technical analysis of the daily chart points to a potential bearish reversal as the pair is positioned near the lower boundary of an ascending channel pattern.
Fxstreet
19 minutes ago
USD/CHF falls to near 0.7760 as US Dollar’s rally hits pause
The USD/CHF pair trades 0.22% lower to near 0.7765 during the late Asian trading session on Friday. The Swiss Franc pair is under pressure as the rally in the US Dollar (USD) has paused, following an increase in dovish Federal Reserve (Fed) expectations.
Fxstreet
23 minutes ago
USD/INR remains broadly calm while RBI keeps Repo Rate steady at 5.25%
The Indian Rupee (INR) remains broadly unchanged against the US Dollar (USD) at around 90.35, despite the Reserve Bank of India’s (RBI) monetary policy announcement, in which it has left the Repo Rate unchanged at 5.25%, as expected.Fxstreet
57 minutes ago
Toyota Assume Average Euro Rate Of 174 Yen In Fy2025/26 Versus Previous Assumption Of 169 Yen
Feb 6 (Reuters) - Toyota Motor Corp 7203.T:KEEPS FY2025/26 GLOBAL GROUP-WIDE RETAIL SALES FORECAST AT 11.3 MILLION VEHICLESSEE FY2025/26 NORTH AMERICA SALES OF 2.96 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 2.96 MILLIONSEE FY2025/26 JAPAN SALES OF 2.07 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF...Reuters
an hour ago
EUR/JPY Price Forecast: Falls toward 184.50 near nine-day EMA support
EUR/JPY extends its losses for the second successive session, trading around 184.70 during the Asian hours on Friday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 55.67 (neutral) stays north of 50, confirming a mild upside skew.
Fxstreet
an hour ago
FOREX-Dollar set for strongest week since November, yen firms before polls
Risk-off sentiment, Warsh's Fed Chair nomination lifts dollarPound nurses steep losses on rate-cut wagers Yen steadies near 157/dollar ahead of an unpredictable election By Ankur Banerjee SINGAPORE, Feb 6 (Reuters) - The U.S. dollar lingered near a two-week high on Friday, poised for its stro...Reuters
2 hours ago
EUR/USD strives to gain ground near 1.1770 on improving Fed dovish prospects
The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an improvement in speculation that the Federal Reserve (Fed) could cut interest rates in the March policy meeting
Fxstreet
3 hours ago
Silver Price Forecast: XAG/USD tumbles below $72.00 as safe-haven appeal fades
Silver price (XAG/USD) slumps to around $71.90, the lowest since January 2, during the Asian trading hours on Friday. The white metal extends the decline amid easing geopolitical tensions and profit-taking. Traders will closely monitor the upcoming US-Iran talks later on Friday.
Fxstreet
3 hours ago
Japanese Yen recovers slightly from two-week low vs. USD; lacks bullish conviction
The Japanese Yen (JPY) attracts some buyers during the Asian session on Friday and, for now, seems to have snapped a five-day losing streak against its American counterpart, reaching a two-week low the previous day.
Fxstreet
3 hours ago
Singapore budget may be less generous amid resilient growth
Economists forecast fiscal surplus amid strong growthBudget to focus on long-term measures, reduce household supportFiscal prudence aims to balance budget over parliamentary termBy Jun Yuan Yong SINGAPORE, Feb 6 (Reuters) - Singapore is expected to unveil a fiscally conservative budget next wee...Reuters
4 hours ago
Australia, NZ dollars lean on yield support amid market tremors
By Wayne Cole SYDNEY, Feb 6 (Reuters) - The Australian and New Zealand dollars clung to support on Friday as a selloff across global stock and metals markets undermined risk sentiment, with a positive yield premium providing a much needed prop.The Aussie was a shade firmer at $0.6934 AUD=D3, havi...Reuters
4 hours ago
EUR/USD slides after ECB hold as risk-off flows lift US Dollar
The Euro extends its losses on Thursday as the European Central Bank held rates unchanged in an uneventful monetary policy decision. Jobs data in the United States was softer than expected fueling speculation for rate cuts by the Federal Reserve. The EUR/USD trades at 1.1777, down 0.25%.Fxstreet
4 hours ago
Australian Dollar remains subdued following RBA Bullock’s comments
The Australian Dollar (AUD) extends its losses for the third successive session against the US Dollar (USD) on Friday following the Reserve Bank of Australia (RBA) Governor Michele Bullock’s comments, saying that the board lifted the Official Cash Rate (OCR) because the economy is more capacity cons
Fxstreet
4 hours ago
FOREX-Dollar set for strongest week since November, yen steadies before polls
By Ankur Banerjee SINGAPORE, Feb 6 (Reuters) - The U.S. dollar steadied near a two-week high on Friday, poised for its strongest weekly performance since November as a rout in stocks driven by AI-spending concerns rattled investors, while the yen firmed ahead of a national election on Sunday.The ...Reuters
5 hours ago
NZD/USD softens below 0.6000 amid renewed US Dollar demand
The NZD/USD pair attracts some sellers to around 0.5940 during the early Asian session on Friday, pressured by a stronger US Dollar (USD). The rising Unemployment Rate in New Zealand weighs on the Kiwi, dragging the pair to the lowest level in almost two weeks.
Fxstreet
5 hours ago
USD/JPY strengthens to two-week high near 157.00 ahead of Japan snap election
The USD/JPY pair gains momentum to a two-week high near 157.00 during the early Asian session on Friday. The Japanese Yen (JPY) remains under selling pressure against the US Dollar (USD) ahead of Japan's snap general election on Sunday.Fxstreet
7 hours ago
