News
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NZD/USD: Only above 0.5650 a move to 0.5695 is likely – UOB Group
New Zealand Dollar (NZD) is expected to trade in a sideways range of 0.5600/0.5650. In the longer run, NZD must break and remain above 0.5650 before a move to 0.5695 is likely, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Thu, Jan 16
GBP/USD: Likely to trade in a range between 1.2130 and 1.2390 – UOB Group
Pound Sterling (GBP) may trade in a range, probably between 1.2180 and 1.2290. In the longer run, weakness in GBP has stabilized; it is likely to trade in a range between 1.2130 and 1.2390, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
Thu, Jan 16
EUR: Reluctant to unwind its under-valuation – ING
A common theme running amongst FX strategists like ourselves is that EUR/USD has recently been undershooting levels normally suggested by short-term rate differentials. We run a short-term Financial Fair Value model. Other banks will have their own measures.
Fxstreet
Thu, Jan 16
EUR/USD: Likely to trade between 1.0220 and 1.0400 – UOB Group
Euro (EUR) is expected to consolidate in a 1.0255/1.0345 range. In the longer run, EUR has entered a range trading phase; it is likely to trade between 1.0220 and 1.0400 for the time being, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Thu, Jan 16
USD/CNH: Upward momentum is beginning to fade – UOB Group
Momentum indicators are turning flat, suggesting further range trading, probably in a range of 7.3380/7.3580. Upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not coming into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 15
USD/JPY: Current price movements are likely part of a consolidation phase – UOB Group
Further range trading seems likely, probably between 157.30 and 158.30. In the longer run, current price movements are likely part of a consolidation phase, expected to be between 156.50 and 158.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 15
NZD/USD: To trade most likely between 0.5570 and 0.5835 – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range, most likely between 0.5570 and 0.5835. Whippy price action has resulted in a mixed outlook; for the time being, NZD could trade in a sideways range of 0.5540/0.5650, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 15
AUD/USD: Likely to trade in a higher range of 0.6170/0.6215 – UOB Group
Slight increase in upward momentum is likely to lead to a higher trading range of 0.6170/0.6215. Australian Dollar (AUD) is expected to trade in a range, probably between 0.6130 and 0.6240, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 15
EUR: Some signs of rebound, but it may not last – ING
The USD-negative events yesterday have prompted a return to 1.030 in EUR/USD, but US CPI is expected to resume pressure on the pair. The eurozone data calendar does not include market-moving releases, although we will hear from ECB members, ING's FX analyst Francesco Pesole notes.Fxstreet
Wed, Jan 15
