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GBP/USD Price Forecast: Tests 1.3600 support near lower ascending channel boundary
GBP/USD remains subdued for the fourth successive session, trading around 1.3600 during the European hours on Friday. The technical analysis of the daily chart indicates an ongoing bullish bias, as the pair trades within an ascending channel pattern.
Fxstreet
11 minutes ago
Silver Price Forecast: XAG/USD rises to near $76.50 but eyes third weekly decline
Silver price (XAG/USD) gains ground after registering 11.5% losses in the previous session, trading around $76.60 per troy ounce during the early European hours on Friday. However, the silver price is poised for a third consecutive weekly decline as volatility resurfaces.
Fxstreet
55 minutes ago
Eurozone: PMIs and steady ECB support Euro – Commerzbank
Commerzbank’s Dr. Vincent Stamer expects the Euro area composite PMI to edge up to 51.5 in February, driven by improving manufacturing sentiment as looser policy, higher German spending and limited tariff fallout support activity.Fxstreet
an hour ago
FOREX-Yen set for best week in close to 15 months
Yen up more than 2% against the dollar this week'Buy Japan' narrative gathers steam in sentiment shiftDollar on guard ahead of US CPI dataBy Jiaxing Li and Rae Wee SINGAPORE, Feb 13 (Reuters) - The yen was set for its best week in almost 15 months on Friday, having climbed steadily after ...Reuters
2 hours ago
AUD/USD Price Forecast: Remains on the defensive below 0.7100; US CPI report awaited
The AUD/USD pair oscillates in a narrow trading band below the 0.7100 mark through the Asian session as traders move to the sidelines ahead of Friday's release of the latest US consumer inflation figures.
Fxstreet
3 hours ago
USD/CHF gathers strength to near 0.7700 ahead of Swiss, US CPI inflation releases
The USD/CHF pair trades in positive territory near 0.7700 during the early European session on Friday. Growing expectations that the US Federal Reserve (Fed) will not cut interest rates in the near term provide some support to the Greenback against the Swiss Franc (CHF).
Fxstreet
3 hours ago
AUD/JPY trades with positive bias around mid-108.00s, lacks bullish conviction
The AUD/JPY pair struggles to capitalize on a modest Asian session uptick and remains close to a nearly two-week low, touched the previous day. Spot prices currently trade just below mid-108.00s, up less than 0.20% for the day, and seem poised to register weekly losses.
Fxstreet
3 hours ago
EUR/USD Price Forecast: Tests nine-day EMA support near 1.1850
EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator at 56 stays above the midline, confirming steady momentum.Fxstreet
3 hours ago
USD/INR steadies as Asian currencies stabilize, RBI intervention eyed
USD/INR steadies on Friday after recording modest losses in the previous session. The pair is likely to trade within the 90.50–91.00 range, as Asian currencies show signs of stabilization while investors remain cautious amid prevailing risk-off sentiment.Fxstreet
4 hours ago
Australia, NZ dollars extend winning run as yields attract
By Wayne Cole SYDNEY, Feb 13 (Reuters) - The Australian and New Zealand dollars were looking to notch a fifth straight week of gains on Friday as fat yield premiums underpinned demand, though a setback on Wall Street posed a challenge to risk sentiment.A renewed selloff in tech stocks left the Au...Reuters
5 hours ago
Canadian Dollar holds losses near 1.3600 as US jobs data dims Fed rate cut expectations
The USD/CAD pair posts modest gains around 1.3615 during the Asian trading hours on Friday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) amid expectations that the Federal Reserve (Fed) will not cut interest rates in the near term.Fxstreet
6 hours ago
British Pound consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus
The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.Fxstreet
6 hours ago
