News
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GBP/USD: Likely to trade in a sideways range of 1.3330/1.3380 – UOB Group
Downward momentum has eased with the rebound; Pound Sterling (GBP) is likely to trade in a sideways range of 1.3330/1.3380. In the longer run, GBP is likely to edge lower within a lower range of 1.3310/1.3435, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
11 hours ago
EUR/USD: Likely to trade in a range between 1.1580 and 1.1625 – UOB Group
Euro (EUR) is likely to trade in a range between 1.1580 and 1.1625. In the longer run, downward momentum is building; EUR is likely to trade with a downward bias, potentially retesting the 1.1540 level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
12 hours ago
FX Today: Attention remains on US-China trade and US shutdown
The US Dollar (USD) snapped a multi-day positive run, coming under renewed downside pressure after hitting fresh weekly highs amid somewhat mitigated concerns on the US-China trade front, while the lack of news surrounding a deal to end the US federal government shutdown continued to prevail.Fxstreet
Wed, Oct 22
EUR/USD: Downward momentum is building – UOB Group
Euro (EUR) could test 1.1580; a sustained drop below this level is unlikely. In the longer run, downward momentum is building; EUR is likely to trade with a downward bias, potentially retesting the 1.1540 level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 22
Ripple Price Forecast: XRP targets bullish close on Tuesday as retail investors recover risk appetite
Ripple (XRP) rises alongside crypto majors such as Bitcoin (BTC) and Ethereum (ETH), trading above $2.50 on Tuesday. The recovery comes after XRP extended its down leg to $2.40 earlier in the day, reflecting intense volatility across the cryptocurrency market.
Fxstreet
Tue, Oct 21
EUR/USD: Likely to edge lower within a range of 1.1580/1.1690 – UOB Group
Softer underlying tone suggests Euro (EUR) is likely to edge lower within a range of 1.1625/1.1660. In the longer run, the current price movements are likely part of a 1.1580/1.1690 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 21
USD/JPY Price Forecast: Subdued at around 150.00
The USD/JPY holds firm on Monday, hovering around 150.60 amid a risk-on environment amid the Fed blackout period and the lack of US data, due to the government shutdown. The lack of market moving comments by US President Donald Trump, could keep the pair trading at familiar levels.
Fxstreet
Mon, Oct 20
FX Today: Focus shifts to Canadian inflation, trade jitters and US shutdown
In an inconclusive start to the week, the US Dollar (USD) alternated gains with losses as investors continued to gauge developments around the US government shutdown, prospects for further rate cuts by the Federal Reserve and renewed US credit risks.Fxstreet
Mon, Oct 20
Cardano Price Forecast: ADA risks deeper correction as open interest drops to a yearly low, short bets surge
Cardano (ADA) hovers around $0.64 at the time of writing on Monday, having corrected nearly 7% in the previous week. Derivatives data signal waning trader confidence and growing expectations of further downside as Open Interest (OI) drops to a yearly low, coupled with a surge in short bets.
Fxstreet
Mon, Oct 20
Bitcoin Weekly Forecast: BTC slips below $105,000 as macro headwinds weigh on sentiment
Bitcoin (BTC) price continues to trade in red, below $105,000 at the time of writing on Friday, having corrected nearly 9% so far this week. Renewed geopolitical tensions fueled the pullback in BTC, and the US government shutdown pressured risk assets.
Fxstreet
Fri, Oct 17
EUR/JPY dives to two-week lows below 175.00 on hawkish BoJ comments
The Euro accelerated its downtrend against the Japanese Yen on Friday, reaching fresh two-week lows at the 175.20 area so far, as the Japanese Yen rallies across the board following hawkish comments by the Bank of Japan’s policymakers.BoJ Deputy Governor Shinichi Uchida assessed on Friday that the J
Fxstreet
Fri, Oct 17
EUR/USD might rise gradually and test 1.1680 – UOB Group
Euro (EUR) could rise gradually and test 1.1680; a continued rise above this level is unlikely. In the longer run, weakness from early last week has stabilised; EUR is likely to trade between 1.1575 and 1.1720 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 16
