Search
News
Important Only
USD/JPY: The pair is expected to trade with an upward bias – UOB Group
US Dollar (USD) is expected to trade in a range between 157.60 and 158.55. In the longer run, USD is expected to trade with an upward bias; any advance is expected to face significant resistance at 159.00, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Jan 10, 2025
NZD/USD: Sustained break below 0.5570 seems unlikely – UOB Group
Scope for the New Zealand (NZD) to test the 0.5570 level; a sustained break below this level seems unlikely. In the longer run, risk for NZD is beginning to shift to the downside, but it must break clearly below 0.5570, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Jan 10, 2025
AUD/USD: Next support at 0.6150 is not expected to come under threat – UOB Group
AUD could retest the 0.6175 level; the next support at 0.6150 is not expected to come under threat. In the longer run, AUD must break and remain below 0.6180 before further weakness can be expected, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Jan 10, 2025
USD: Payrolls should keep Fed cautious – ING
The December US jobs report is released today and consensus is for a 138k payroll print and unchanged 4.2% unemployment rate. Our economics team also expects 4.2%, but is flagging room for a surprise on the strong side. Our house projection is 160k, ING’s FX analyst Francesco Pesole notes.Fxstreet
Jan 10, 2025
EUR/USD: Unlikely to reach the major support at 1.0255 – UOB Group
Euro (EUR) could edge lower; any decline is unlikely to reach the major support at 1.0255. In the longer run, EUR has to break clearly below 1.0255 before further losses can be expected, UOB Group’s FX analyst Quek Ser Leang and Lee Sue Ann note.Fxstreet
Jan 10, 2025
GBP underperforms as Gilts remain weak – Scotiabank
The Pound Sterling (GBP) fell to its lowest since 2023 before steadying. UK 1OY yields rose 120bps in a handful of disorderly trading days either side of the infamous 2022 UK budget and required the BoE to step in a stabilize the markets, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Jan 9, 2025
EUR diverges further from spreads & fair value – Scotiabank
The Euro (EUR) perked up a little yesterday after finding support in the upper 1.02 region but it is finding the going tough against the USD and marginal gains earlier in the session have reversed, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Jan 9, 2025
CAD holds narrow range around 1.44 – Scotiabank
The Canadian Dollar (CAD) is little changed on the session. The immediate focus for local markets is on tomorrow’s labour market update but the data perhaps won’t add too much to short-term FX dynamics, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Jan 9, 2025
