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EUR/JPY Price Forecast: Gains momentum to near 183.00 as uptrend persists above 100-day EMA
The EUR/JPY cross trades in positive territory around 182.95 during the early European session on Friday. Uncertainty surrounding the Bank of Japan (BoJ) interest rate path could weigh on the Japanese Yen (JPY) against the Euro (EUR).
Fxstreet
20 minutes ago
Pound Sterling ticks up against US Dollar in countdown to US NFP
The Pound Sterling trades marginally higher to near 1.3365 against the US Dollar (USD) during the Asian trading session on Friday. The GBP/USD pair edges up as the US Dollar ticks down ahead of the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT.
Fxstreet
an hour ago
AUD/USD jumps to near 0.7040 ahead of US NFP data
The AUD/USD pair trades 0.4% higher to near 0.7040 during the Asian trading session on Friday. The Aussie pair demonstrates strength as the Australian Dollar (AUD) outperforms across the board on expectations that the Reserve Bank of Australia (RBA) could deliver another interest rate hike soon.
Fxstreet
2 hours ago
ADB sees modest growth impact on Asia if Middle East conflict lasts about a month
Impact on growth in developing Asia would be modest if the conflict lasts a monthProlonged conflict could cause energy price hikes and trade disruptionsADB advises central banks to stabilise markets if financial disruption occursBy Karen Lema and Mikhail Flores MANILA, March 6 (Reuters) - The Asi...Reuters
2 hours ago
New Zealand Dollar gathers strength above 0.5900 ahead of US jobs data
The NZD/USD pair gathers strength to near 0.5910 during the Asian trading hours on Friday. The potential upside might be limited amid the ongoing conflict in the Middle East. The US employment report for February will be the highlight later on Friday.
Fxstreet
2 hours ago
Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million
SEC claimed Sun generated $31 million through fraudulent tradesSettlement requires court approval, no admission of wrongdoingCase had been put on hold shortly after Trump's return to White HouseBy Luc Cohen NEW YORK, March 5 (Reuters) - The Chinese cryptocurrency entrepreneur Justin Sun reach...Reuters
2 hours ago
EUR/USD Price Forecast: Eyes nine-day EMA barrier after rebounding from 1.1600
EUR/USD gains ground after registering modest losses in the previous session, trading around 1.1620 during the Asian hours on Friday. The technical analysis of the daily chart suggests an ongoing bearish bias as the pair remains within the descending channel pattern.
Fxstreet
3 hours ago
Dollar set for steepest weekly gain in a year as Iran crisis boosts haven bid
TOKYO, March 6 (Reuters) - The U.S. dollar held broadly steady in early Asian trade on Friday and was poised for its steepest weekly gain in more than a year as the escalating conflict in the Middle East drove demand for safe-haven assets.Reuters
3 hours ago
Aussie set for first weekly fall in eight, still resilient amid Iran war
Aussie holds above 70 cents, having whipsawed in recent daysIran war raises inflation risks, RBA May rate hike fully pricedRBNZ seen hiking more than once by year-end By Stella Qiu SYDNEY, March 6 (Reuters) - The Australian dollar is set for the first weekly fall in eight as markets slid on econo...Reuters
3 hours ago
NZD/USD backslides as risk-off pressure builds
NZD/USD fell over 0.7% on Thursday, settling close to 0.5900 and touching its lowest level since late January. The pair has now given back the bulk of its February gains, with a series of lower highs since peaking near 0.6090 in early February pointing to fading bullish momentum.Fxstreet
6 hours ago
AUD/USD slides nearly 1% to test the 0.7000 handle
AUD/USD fell about 1% on Thursday, wrapping the day up near the 0.7010 level after testing below the key 0.7000 handle intraday. The pair has now pulled back sharply from Tuesday's bounce, with two consecutive bearish sessions erasing most of the week's early gains.Fxstreet
6 hours ago
EUR/USD weakens toward 1.1600 as firm US data revives the US Dollar
The EUR/USD edged lower on Thursday, down some 0.21% as market sentiment remains risk averse due to the ongoing conflict in the Middle East. This and solid US economic data pushed the pair lower towards the 1.1600 figure ahead of Friday’s sessionFxstreet
6 hours ago
USD/JPY Price Forecast: Bulls defend 157.00 as upside-pressure builds
USD/JPY advanced on Thursday during the North American session, up by nearly 0.30% as the Greenback is boosted by risk appetite deterioration, solid US jobs data and hawkish comments by the Richmond Fed President Thomas Barkin.
Fxstreet
7 hours ago
Quanex Q1 net sales just beat estimates
OverviewBuilding products maker's Q1 net sales rose 2.3%, slightly beating analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsOutlookQuanex estimates fiscal 2026 net sales of $1.84 bln to $1.87 blnCompany expects fiscal 2026 Adjusted EBITDA of $240 mln to $245 mlnResult DriversF...Reuters
7 hours ago
REFILE-FOREX-US dollar advances as Middle East conflict rages on, fuels safe-haven demand
Markets fickle, risk sentiment remains fragileHigher oil prices fuel inflation concernsUS rate futures now price just 40 bps of easing this yearBy Gertrude Chavez-Dreyfuss NEW YORK, March 5 (Reuters) - The U.S. dollar regained its footing on Thursday, rebounding after a brief pullback from three-...Reuters
8 hours ago
USD/MXN jumps above 17.70 as Middle East war spurs risk-off
The Mexican Peso depreciates sharply as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar. Additionally, solid jobs data in the US decreased the chances that the Federal Reserve might cut rates twice this year.
Fxstreet
8 hours ago
CANADA FX DEBT-Canadian dollar weakens on renewed safe-haven demand
Canadian dollar falls 0.4% against the greenbackTrades in a range of 1.3616 to 1.3716Price of oil jumps 8.2%, raising inflation concerns10-year yield touches a three-week high at 3.352%By Fergal Smith TORONTO, March 5 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursd...Reuters
9 hours ago
