News
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USD/JPY: Below 154.90, the next objective is at 154.40 – UOB Group
US Dollar (USD) could break 154.90; the next major support at 154.40 is likely out of reach for now. In the longer run, USD remains weak; if it breaks below 154.90, the next objective will be at 154.40, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Tue, Jan 21
GBP/USD: Resistance at 1.2410 is probably out of reach today – UOB Group
Pound Sterling (GBP) is expected to continue to advance; the significant resistance at 1.2410 is probably out of reach today. In the longer run, GBP view is positive, anticipating a move to 1.2410, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Tue, Jan 21
EUR: Short-term upside room in the crosses – ING
EUR/USD remains cheap and oversold despite yesterday’s rebound. We estimate that the pair is still trading around 1.5% below its short-term fair value, signalling some tariff related risk remains in the price, ING’s FX analyst Francesco Pesole notes.Fxstreet
Tue, Jan 21
EUR/USD: Resistance at 1.0480 is unlikely to come under threat for now – UOB Group
Potential for Euro (EUR) to rise above 1.0440; the significant resistance at 1.0480 is unlikely to come under threat for now. Current price action is part of a recovery phase that could extend to 1.0480, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Tue, Jan 21
USD/CAD: Vols firm in nervous trade ahead of Trump 2.0 – OCBC
The Canadian Dollar (CAD) has failed to pick up any support amid a broadly softer USD this morning. It, along with the MXN and JPY, is a relative underperformer on the session after reaching a minor, new 5-year low overnight—just under 1.45.Fxstreet
Mon, Jan 20
