Currency News

AUD/USD consolidates around 0.7700 level, broadly flat on the day
AUD/USD consolidates around 0.7700 level, broadly flat on the day
AUD/USD is consolidating around the 0.7700 level as the US session draws to a close. Some market commentators/analysts attributed early outperformance in A...
Currency News 6 hours ago
NZD/USD price trapped with short-term downside bias
NZD/USD price trapped with short-term downside bias
NZD/USD trapped in a sideways channel with no longer-term direction bias. Bears on lower time frames seek retest of channel support.  NZD/USD is cu...
Currency News 6 hours ago
GBP/USD stays below 1.3700 amid risk aversion, UK employment report in focus
GBP/USD stays below 1.3700 amid risk aversion, UK employment report in focus
GBP/USD remains depressed after declining for two consecutive days. UK virus data suggests improvement in covid conditions, Health Secretary Matt Hancock g...
Currency News 6 hours ago
AUD/JPY Price Analysis: Consolidates recent losses around 80.00, above key supports
AUD/JPY Price Analysis: Consolidates recent losses around 80.00, above key supports
AUD/JPY picks up bids after bouncing off the key supports.One-month-old support line, 21-day EMA offer immediate downside barriers.Buyers may wait for a clear b...
Currency News 6 hours ago
GBP/NZD Price Analysis: Bears lining up for a downside continuation
GBP/NZD Price Analysis: Bears lining up for a downside continuation
GBP/NZD is gearing up across the time frames and offers a synchronised downside bias. The bulls are testing critical resistance where failures are expected...
Currency News 6 hours ago
USD/CAD Price Analysis: Keeps pullback from five-week-old resistance line above 1.2700
USD/CAD Price Analysis: Keeps pullback from five-week-old resistance line above 1.2700
USD/CAD snaps two-day winning streak while easing from one-week top.Strong RSI, sustained trading beyond 21-day EMA favor bulls.USD/CAD consolidates recent gain...
Currency News 6 hours ago
AUD/USD struggles to hold 0.7700 amid risks recovery, off in Australia
AUD/USD struggles to hold 0.7700 amid risks recovery, off in Australia
AUD/USD snaps two-day losing streak, while extending bounce off one-week low, despite recently easing from intraday top. Vaccine news battles uncertainty o...
Currency News 6 hours ago
USD/JPY struggles for direction, flat-lined around 103.75-80 region
USD/JPY struggles for direction, flat-lined around 103.75-80 region
USD/JPY seesawed between tepid gains/minor losses through the early North American session. A modest USD uptick extended some support to the pair, weaker s...
Currency News 12 hours ago
EUR/USD Price Analysis: Solid hurdle emerged around 1.2180
EUR/USD Price Analysis: Solid hurdle emerged around 1.2180
EUR/USD reverses the initial optimism and returns to 1.2150/40. Further north is located the 2021 peak at 1.2349 (January 6). EUR-bulls failed once agai...
Currency News 12 hours ago
GBP/USD hits fresh session lows, eyes test of 1.3650 as euro slides
GBP/USD hits fresh session lows, eyes test of 1.3650 as euro slides
Cable currently trades at lows of the day in the 1.3650s. GBP/USD is being dragged lower by weakness in the euro on Monday. GBP/USD is being dragged low...
Currency News 12 hours ago
EUR/USD looking soft in the 1.2130s, but off lows for now
EUR/USD looking soft in the 1.2130s, but off lows for now
EUR/USD has bounced after hitting fresh lows of the day under 1.2120 and now trades in the 1.2130s. Covid-19 lockdown and vaccine concerns have weighed the...
Currency News 12 hours ago
AUD/USD steadies near 0.7700, looks to post modest daily losses
AUD/USD steadies near 0.7700, looks to post modest daily losses
AUD/USD lost its traction during the American session. US Dollar Index is posting small daily gains above 90.30. Wall Street's main indexes trade mixed o...
Currency News 12 hours ago
USD/JPY bulls pressure a critical resistance in 103.90 but lack conviction
USD/JPY bulls pressure a critical resistance in 103.90 but lack conviction
USD/JPY hangs in the balance of risk appetite, covid and stimulus.  Bulls are testing the bear's commitments and a stubborn resistance level....
Currency News 12 hours ago
EUR/JPY Price Analysis: Extra gains seen above 126.50
EUR/JPY Price Analysis: Extra gains seen above 126.50
EUR/JPY’s upside momentum falters once again near 126.50. Next on the upside comes in the 2021 highs in the 127.50 zone. EUR/JPY gives away part of Frid...
Currency News 12 hours ago
Breaking: EUR/USD drops towards 1.2150 as German IFO Business Climate Index misses estimates with 90.1 in Jan
Breaking: EUR/USD drops towards 1.2150 as German IFO Business Climate Index misses estimates with 90.1 in Jan
EUR/USD drops towards 1.2150 as German IFO Business Climate Index misses estimates with 90.1 in Jan more to come ... About German IFO The headline IFO busi...
Currency News 18 hours ago
EUR/GBP keeps the red below 0.8900 mark, moves little on dismal German IFO
EUR/GBP keeps the red below 0.8900 mark, moves little on dismal German IFO
EUR/GBP met with fresh supply on Monday and retreated further from the 0.8920-25 supply zone. The disappointing German IFO survey results failed to provide...
Currency News 18 hours ago
GBP/USD surrenders intraday gains, flirts with session lows near 1.3670 area
GBP/USD surrenders intraday gains, flirts with session lows near 1.3670 area
GBP/USD struggled to preserve early gains and retreated around 50 pips from tops.  Concerns about the economic impact of COVID-19 held bulls from plac...
Currency News 18 hours ago
EUR/USD tumbles to session lows near 1.2140
EUR/USD tumbles to session lows near 1.2140
EUR/USD fades the earlier advance to the 1.2180 region. German IFO Business Climate receded to 90.1 in January. ECB’s Lagarde, Panetta, Lane, Elderson du...
Currency News 18 hours ago
EUR/GBP could advance to 0.8975 – Commerzbank
EUR/GBP could advance to 0.8975 – Commerzbank
EUR/GBP could extend the rebound to the 0.8975 level, according to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank. Key Quotes “EUR/GBP...
Currency News 18 hours ago
USD/CAD struggles to hold above 1.2700 ahead of US data
USD/CAD struggles to hold above 1.2700 ahead of US data
USD/CAD is posting small daily losses on Monday. US Dollar Index stays flat on the day around 90.20. Mid-tier data releases will be featured in US econom...
Currency News 18 hours ago
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