Search
News
GBP tracks broader move against the USD among majors – Scotiabank
Pound Sterling (GBP) is moderately firmer but, in the absence of any major news at home, the pound’s performance reflects broader USD weakness more than anything, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mar 4, 2025
EUR extends rally through YTD highs – Scotiabank
The EUR is benefitting from the softer overall USD tone and market focus on the likelihood of increased European government (defence) spending to extend its recovery back through low 1.05 area where EUR gains have been capped so far this year, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mar 4, 2025
CAD gains modestly after dip on yesterday’s tariff headline – Scotiabank
The Canadian Dollar (CAD) is one of the better-performing currencies on the day so far, reversing the slide that occurred following yesterday’s tariff headlines to trade back to the low 1.44 area where it spent most of Monday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mar 4, 2025
USD/CNH: Potential for USD to rise to 7.3250 – UOB Group
US Dollar (USD) is likely to edge higher vs Chinese Yuan (CNH); mild momentum suggests any advance is likely limited to a test of 7.3150. Strong advance indicates there is potential for USD to rise to 7.3250, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mar 4, 2025
USD/JPY can trade in a range between 148.50 and 150.50 – UOB Group
Outlook is unclear; US Dollar (USD) could trade in a range between 148.50 and 150.50 vs Japanese Yen (JPY). In the longer run, bias for USD is slightly tilted to the downside; unclear for now whether it can break and stay below 148.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mar 4, 2025
NZD/USD: Expected to continue to trade between 0.5590 and 0.5640 – UOB Group
New Zealand Dollar (NZD) is expected to continue to trade in a range vs US Dollar (USD), most likely between 0.5590 and 0.5640. In the longer run, room for NZD to continue to weaken; it remains to be seen if 0.5565 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mar 4, 2025
AUD/USD: Expected to trade between 0.6190 and 0.6250 – UOB Group
Australian Dollar (AUD) is expected to trade between 0.6190 and 0.6250 vs US Dollar (USD). In the longer run, AUD must break and remain below 0.6190 before a move to 0.6155 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mar 4, 2025
USD: Tariffs are dollar positive, an equity correction is not – ING
During President Trump's first term in office, we felt the sequencing of tax cuts (late 2017) and then tariffs (March 2018-August 2019) were key reasons for a strengthening dollar. In other words, the US economy had some fiscal support before tariff wars were waged.Fxstreet
Mar 4, 2025
OPEC+ set to increase supply – ING
Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is sticking with plans to gradually increase supply from April by 138k b/d in the month, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Mar 4, 2025
Featured Tools
Top News
Today’s Market Recap: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22%
US Nonfarm Payrolls expected to pick up in October
SpaceX Falls Over 9%, Down Nearly 30% From October High; Musk Reposts Investor Analysis on Texas Proposed Pause on New Data Center Approvals
Tesla Rises Nearly 3% Premarket as Musk Says Texas Plant to Phase Out Cybertruck Production by Mid-2027 to Make Way for Cybercab Expansion
Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%
Market Movers
Abbott Laboratories Stock (ABT) Closed Down by 3.23% on Nov 6: What Investors Need To Know
8 hours ago
ABT
--
ASE Technology Holding Co Ltd Stock (ASX) Closed Up by 6.43% on Nov 6: Facts Behind the Movement
8 hours ago
ASX
--