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AUD/USD Price Forecast: Climbs toward 0.7100, eyes on YTD high
The AUD/USD advances for the second straight day, up by 0.36% as the Greenback edges lower as US economic growth takes a toll while inflation accelerates towards the 3% threshold. At the time of writing, the pair trades at 0.7086, poised to end the week with gains of over 0.19%.
Fxstreet
5 hours ago
CANADA FX DEBT-Canadian dollar posts weekly decline as investors weigh US tariff ruling
Loonie trades in a range of 1.3671 to 1.3710Posts weekly decline of 0.5%Flash estimate shows retail sales rebounding in January10-year yield hits lowest since December 1 at 3.199%By Fergal Smith TORONTO, Feb 20 (Reuters) - The Canadian dollar added slightly to a weekly decline against its U.S. co...Reuters
6 hours ago
FOREX-Dollar dips after Supreme Court rules against Trump's tariffs
Dollar down but set for weekly gainSupreme Court rules against Trump's tariffsU.S. GDP growth falls short of expectations, impacted by government shutdownBy Chuck Mikolajczak NEW YORK, Feb 20 (Reuters) - The dollar declined in volatile trading on Friday and was poised to snap a four-session s...Reuters
6 hours ago
GBP/USD rises as US Supreme Court blocks Trump tariffs
The GBP/USD edges higher over 0.23% after the US Supreme Court ruled against President Donald Trump’s tariffs enacted under a a law meant for use in national emergencies. This and a softer than expected Gross Domestic Product report in the US weighed on the Dollar.
Fxstreet
10 hours ago
USD/CAD under pressure after US Supreme Court strikes down Trump’s tariffs
The Canadian Dollar (CAD) holds firm against the US Dollar (USD) on Friday as the Greenback trims earlier intraday gains after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs.
Fxstreet
10 hours ago
FOREX-Dollar falls after Supreme Court rules against Trump's tariffs
Dollar on pace for biggest daily drop in two weeksSupreme Court rules against Trump's tariffsU.S. GDP growth falls short of expectations, impacted by government shutdownBy Chuck Mikolajczak NEW YORK, Feb 20 (Reuters) - The dollar dropped on Friday and was on track to snap a four-session strea...Reuters
11 hours ago
EUR/USD holds ground as weak US GDP clashes with firm inflation data
The Euro (EUR) trades little changed against the US Dollar (USD) on Friday as investors digest the latest batch of US economic data. At the time of writing, EUR/USD hovers near 1.1763, recovering modestly from an intraday low of 1.1743, but remains on track for a weekly loss.
Fxstreet
12 hours ago
SEK: Soft Swedish inflation supports dovish Riksbank – Nordea
Nordea’s Torbjörn Isaksson notes that Swedish January CPIF and CPIF ex energy were confirmed at 2.0% and 1.7% respectively, with services inflation the main downside surprise. He describes the details as dovish and expects to lower the inflation path.
GBP/JPY edges higher on strong UK data, softer Japan CPI caps Yen
GBP/JPY advances on Friday, as stronger-than-expected UK economic data boosts the British Pound (GBP), while softer inflation figures from Japan weigh on the Japanese Yen (JPY). At the time of writing, the cross is hovering around 209.23, remaining confined within a little over one-week range.
Fxstreet
13 hours ago
FOREX-Dollar set for biggest weekly rise since October with US-Iran tensions in focus
Dollar up around 1% this weekIncreasing US-Iran tension in focusInvestors also awaiting US PCE, GDP dataBy Sophie Kiderlin LONDON, Feb 20 (Reuters) - The dollar was on track for its largest weekly rise since October as it remained steady on Friday, buoyed by better-than-expected economic data an...Reuters
14 hours ago
EUR/GBP weakens as robust UK data outweigh upbeat Eurozone PMI readings
EUR/GBP trades lower on Friday as solid UK Retail Sales and stronger preliminary Purchasing Managers Index (PMI) data lift the British Pound (GBP). Although the stronger-than-expected Eurozone HCOB flash PMI failed to provide meaningful support to the Euro (EUR) and kept the cross under pressure.
Fxstreet
14 hours ago
UK businesses and consumers show signs of recovery in early 2026
UK composite flash PMI rises to highest since April 2024S&P says its data points to Q1 GDP growth of around 0.3%January retail sales grow by most in nearly four yearsTax revenues beat official forecasts in JanuaryBoE still expected to cut rates to 3.5% in MarchBy William Schomberg and David Mill...Reuters
15 hours ago
Sterling nears one-month low as investors bet on BoE rate cuts
By Sophie Kiderlin LONDON, Feb 20 (Reuters) - The British pound hovered around its lowest in a month against the dollar on Friday, and was headed for its biggest weekly decline since January 2025, as investors weighed mixed economic data and added to bets on Bank of England interest rate cuts. S...Reuters
15 hours ago
