News
Important Only
Japanese Yen hangs near one-week low vs. USD amid worries about Japan’s fiscal health
The USD/JPY pair gains positive traction for the second straight day – also marking the third day of a move up in the previous four – and climbs to over a one-week high, around the 155.35 area, on Thursday.
Fxstreet
57 minutes ago
ROI-Hawks circle as top two central banks switch leaders :Mike Dolan
By Mike Dolan LONDON, Feb 19 (Reuters) - If the world economy is shifting into a boom that risks overheating, the case for more hawkish central bankers will grow louder — just as the top jobs at the Federal Reserve and European Central Bank come into play.Markets have been obsessing for months ab...Reuters
an hour ago
USD/CAD Price Forecast: Holds key 20-day EMA amid firm US Dollar
The USD/CAD pair clings to Wednesday’s gains near 1.3700 during the European trading session on Thursday. The Loonie pair shows strength as the US Dollar (USD) trades broadly firm, following the release of the Federal Open Market Committee (FOMC) minutes of the January policy meeting on Wednesday.
Fxstreet
2 hours ago
FOREX-Dollar perks up as Fed divided over rates outlook
Fed minutes show no rush to cut rates, some open to hikesDollar gains against euro and yen, Aussie dollar steadyKiwi falls after central bank's cautious stance on rate hikes SINGAPORE, Feb 19 (Reuters) - The dollar was off recent lows on Thursday and hanging on to a bounce after minutes from ...Reuters
2 hours ago
USD/CAD: Triangle consolidation caps upside – Scotiabank
Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note the Canadian Dollar is slightly weaker but holding above 1.37, with USDCAD tracking broader Dollar moves. Their fair value estimate has edged up to 1.3625, reflecting less favourable drivers for the CAD.Fxstreet
2 hours ago
Silver Price Forecast: XAG/USD rises to near $78.00 on safe-haven demand
Silver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran.
Fxstreet
3 hours ago
USD/CAD Price Forecast: Consolidates near two-week high as bulls await move beyond 1.3700
The USD/CAD pair touches a nearly two-week high during the Asian session on Thursday and looks to extend the recent move up witnessed over the past week or so. Meanwhile, bulls await a sustained strength and acceptance above the 1.3700 mark before placing fresh bets amid mixed fundamental cues.Fxstreet
4 hours ago
EUR/USD Price Forecast: Tests 1.1800 barrier above 50-day EMA
EUR/USD gains ground after three days of losses, trading around 1.1790 during the Asian hours on Thursday. The 14-day Relative Strength Index (RSI) momentum indicator at 47 (neutral) reflects easing momentum. The RSI below 50 keeps momentum balanced and could limit follow-through.
Fxstreet
4 hours ago
USD/CHF treads water above 0.7700 ahead of Swiss Trade Balance data
USD/CHF remains in the negative territory after paring daily losses, trading near 0.7720 during the Asian hours on Thursday. The pair struggles as the Swiss Franc (CHF) draws safe-haven support amid persistent tensions between the United States and Iran, alongside stalled Ukraine-Russia talks.
Fxstreet
5 hours ago
Australian dollar recovers on upbeat jobs data, kiwi nurses losses
By Wayne Cole SYDNEY, Feb 19 (Reuters) - The Australian dollar regained some ground on Thursday after upbeat jobs data narrowed the odds of another rate rise, while its New Zealand peer came under pressure as expectations for an early hike diminished.The Aussie bounced 0.4% to $0.7068 AUD=D3, rec...Reuters
5 hours ago
Pound Sterling struggles near four-week low vs. USD, below 1.3500 amid BoE rate cut bets
The GBP/USD pair is seen consolidating its weekly losses registered over the past three days and oscillating in a narrow range near a four-week trough, touched during the Asians session on Thursday.Fxstreet
5 hours ago
EUR/JPY rises above 182.50 despite BoJ rate hike bets
EUR/JPY extends its gains for the second successive session, trading around 182.80 during the Asian hours on Thursday. The upside of the currency cross could be restrained as the Japanese Yen (JPY) may find support from expectations that the Bank of Japan (BoJ) will continue tightening policy.Fxstreet
5 hours ago
