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NZD/USD: Likely to trade in a range – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range vs US Dollar (USD), probably between 0.5930 and 0.5980. In the longer run, for the time being, NZD is expected to trade in a 0.5890/0.6005 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
May 6, 2025
USD: What the TWD is telling us – ING
The most notable development in FX over the past few days has been the exceptional rally in the Taiwanese dollar, and to a lesser extent in other Asian currencies (MYR, THB, KRW).
Fxstreet
May 6, 2025
Is the Swiss National Bank getting nervous? – Commerzbank
Yesterday's Swiss inflation figures for April are likely to have heightened the concerns of the Swiss National Bank (SNB) once again.
Fxstreet
May 6, 2025
AUD/USD: Likely to trade in a range between 0.6420 and 0.6485 – UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6420 and 0.6485 vs US Dollar (USD). In the longer run, further AUD strength is not ruled out, but it must first break clearly above 0.6510, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
May 6, 2025
Binance Coin price signals breakout as BNB Chain announces plug-and-play AI integration
Binance Coin (BNB) is making another recovery attempt at around $600 at the time of writing on Tuesday, as the broader cryptocurrency market consolidates gains following a significant bullish turnaround in April.
BNB
Fxstreet
May 6, 2025
USD/CAD Price Forecast: Falls toward 1.3800 after retreating from levels near nine-day EMA
The USD/CAD pair is retracing its recent gains from the previous session, trading around 1.3820 during the European hours on Tuesday. The daily chart's technical analysis suggested a sustained bearish sentiment, as the pair continues to trade within a descending channel pattern.
USD/CAD
Fxstreet
May 6, 2025
GBP: Widely expect BoE cut this week – ING
EUR/GBP seems to be attracting buyers around the 0.850 level and is awaiting another clear-cut GBP bullish catalyst for a break lower, ING's FX analyst Francesco Pesole notes.
EUR/GBP
GBP/USD
Fxstreet
May 6, 2025
An early preview of the Bank of England meeting – Commerzbank
Reports emerged yesterday morning that the Bank of England (BoE) may lower its inflation and growth forecasts at Thursday's meeting and remove the reference to 'gradual' interest rate cuts from its statement.
GBP/USD
Fxstreet
May 6, 2025
GBP/USD: Any decline is unlikely to reach 1.3230 – UOB Group
Tentative buildup in momentum suggests Pound Sterling (GBP) is likely to trade with a downward bias vs US Dollar (USD); any decline is unlikely to reach 1.3230.
GBP/USD
Fxstreet
May 6, 2025
EUR: Overvaluation can't be unseen – ING
There are no major data releases in the eurozone calendar this week, with the focus on some ECB speakers instead. Today, arch-dove Panetta speaks at an event in Asia.
EUR/USD
Fxstreet
May 6, 2025
EUR/USD: Any decline is likely limited to a test of 1.1280 – UOB Group
Euro (EUR) is under mild downward pressure against the US Dollar (USD) and is likely to edge lower; any decline is likely limited to a test of 1.1280.
EUR/USD
Fxstreet
May 6, 2025
Forex Today: Major pairs stabilize as focus shifts to central banks
Here is what you need to know on Tuesday, May 6:
Fxstreet
May 6, 2025
Ripple Price Prediction: XRP downside risks persist as Ripple sunsets eight-year quarterly report
Ripple (XRP) price is in a slow pullback, trading at $2.11 at the time of writing on Tuesday. Recovery has remained elusive above immediate hurdles, such as the extended descending trendline from January.
XRP
Fxstreet
May 6, 2025
Tron DEX trading volume hits yearly peak near $750M as TRX eyes upside to $0.26
Tron (TRX) price holds firm above its support level, trading around $0.247 at the time of writing on Tuesday, with a potential upside target of $0.260 if the support level continues to hold.
TRON
Fxstreet
May 6, 2025
USD/CHF holds above 0.8200; upside seems limited as focus remains on FOMC meeting
The USD/CHF pair struggles to capitalize on a modest Asian session uptick and is currently placed near the lower boundary of its daily range amid subdued US Dollar (USD) price action.
USD/CHF
Fxstreet
May 6, 2025
FX option expiries for May 6 NY cut
FX option expiries for May 6 NY cut at 10:00 Eastern Time via DTCC can be found below.
AUD/USD
Fxstreet
May 6, 2025
GBP/USD Price Forecast: Hovers around 1.3300 as nine-day EMA caps upside
The GBP/USD pair attempts to maintain its position after registering gains in the previous session, trading around 1.3300 during the Asian trading hours on Tuesday.
GBP/USD
Fxstreet
May 6, 2025
EUR/USD Price Forecast: Remains confined in a range around 1.1300 ahead of FOMC meeting
The EUR/USD pair reverses an Asian session tip to the 1.1280-1.1275 region on Tuesday and climbs a fresh daily high in the last hour, though it lacks strong follow-through buying.
EUR/USD
Fxstreet
May 6, 2025
Top 3 gainers Bittensor, Akash Network, Saros: AI tokens steady amid wider market consolidation
The broader cryptocurrency market is in a consolidation rut, with Bitcoin (BTC) holding above $94,000. However, select Artificial Intelligence (AI) tokens, including Bittensor, Akash Network and Saros, have remained steady in the last 24 hours.
Fxstreet
May 6, 2025
Cardano Price Forecast: ADA builds bearish momentum amid on-chain weakness
Cardano (ADA) price hovers around $0.650 at the time of writing on Tuesday after falling nearly 6% over the last two days. On-chain data supports the bearish thesis, as funding rates are negative and network activity is falling.
Cardano
Fxstreet
May 6, 2025
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