Currency News

GBP/USD Price Analysis: Rallies to near 3-week tops, around 1.2570 region
GBP/USD Price Analysis: Rallies to near 3-week tops, around 1.2570 region
GBP/USD gained some strong intraday positive traction and surged through mid-1.2500s. The bias has shifted back in favour of bulls and supports prospects f...
Currency News 2 hours ago
USD/CAD jumps to five-day highs above 1.3600 and loses strength
USD/CAD jumps to five-day highs above 1.3600 and loses strength
Canadian dollar spikes lower across the board despite economic data and higher crude oil prices. USD/CAD retreats modestly to 1.3570 as US Dollar pulls bac...
Currency News 2 hours ago
GBP/JPY jumps to 3-week tops, bulls eyeing a move beyond 135.00 mark
GBP/JPY jumps to 3-week tops, bulls eyeing a move beyond 135.00 mark
GBP/JPY gains strong positive traction on Tuesday and breaks through a three-day-old trading range. The JPY struggled to attract any safe-haven flows despi...
Currency News 4 hours ago
EUR/JPY challenges daily highs around 121.60
EUR/JPY challenges daily highs around 121.60
EUR/JPY adds to Monday’s gains above the 121.00 mark. The risk-on sentiment regain traction on turnaround Tuesday. The European Commission revised lower...
Currency News 4 hours ago
EUR/USD regains poise and re-visits 1.1300
EUR/USD regains poise and re-visits 1.1300
EUR/USD bounces off daily lows near 1.1260. The risk appetite returns to the markets and supports the pair. The EC sees the bloc’s economy contracting ne...
Currency News 4 hours ago
EUR/USD rebounds from the 1.1270 support
EUR/USD rebounds from the 1.1270 support
The EUR/USD pair is struggling around 1.13, maintaining a moderate positive bias, as it quickly recovered after piercing the 23.6% retracement of the latest dai...
Currency News 4 hours ago
USD/CAD clings to daily gains, comfortably above mid-1.3500s
USD/CAD clings to daily gains, comfortably above mid-1.3500s
A combination of supporting factors assisted USD/CAD to regain some traction on Tuesday. The USD benefitted from safe-haven flows amid concerns about a sur...
Currency News 4 hours ago
AUD/USD retreats further from 4-week tops, slides to 0.6920 area
AUD/USD retreats further from 4-week tops, slides to 0.6920 area
A combination of factors led to an intraday turnaround for AUD/USD from the 0.7000 mark. Concerns about rising COVID-19 cases helped revive demand for the...
Currency News 6 hours ago
EUR/GBP holds key support at 0.9000 to retest the 0.9184 June high – Credit Suisse
EUR/GBP holds key support at 0.9000 to retest the 0.9184 June high – Credit Suisse
EUR/GBP has held support at 0.9000 as expected and analysts at Credit Suisse look for the trend to turn higher again for a retest of resistance at 0.9184. ...
Currency News 6 hours ago
USD/JPY to gain positive momentum on a break above 107.95
USD/JPY to gain positive momentum on a break above 107.95
USD/JPY is trading near a daily high of 107.78, neutral in the short-term, although with the risk skewing to the upside. The pair would gain bullish momentum on...
Currency News 6 hours ago
GBP/USD spikes to fresh session tops, beyond 1.2500 mark
GBP/USD spikes to fresh session tops, beyond 1.2500 mark
GBP/USD quickly reversed the European session dip to the 1.2460 region. The strong intraday bounce seemed unaffected by resurgent USD demand. Concerns ab...
Currency News 6 hours ago
EUR/USD: Three reasons to extend the decline
EUR/USD: Three reasons to extend the decline
EUR/USD's upward path may be in jeopardy, at least for now, as the currency pair has three reasons (curbing Chinese enthusiasm, weaker eurozone figures and conc...
Currency News 8 hours ago
USD/CHF clings to recovery gains near session tops, around 0.9440 area
USD/CHF clings to recovery gains near session tops, around 0.9440 area
USD/CHF gained traction on Tuesday and built on the overnight bounce from four-week lows. A modest pickup in the USD demand was seen as one of the key fact...
Currency News 8 hours ago
GBP/USD: Downtrend resistance points lower
GBP/USD: Downtrend resistance points lower
GBP/USD repeats its inability to stay bid beyond 1.2500, currently trading around 1.2470, as Tuesday's 4-hour chart is showing that cable is capped under downtr...
Currency News 8 hours ago
AUD/JPY Price Analysis: Teasing rising wedge breakdown on 4H, further falls likely
AUD/JPY Price Analysis: Teasing rising wedge breakdown on 4H, further falls likely
AUD/JPY extends the drop below 75.00 amid risk-off. Bearish technical set up on 4H points to further losses. Overbought RSI on Monday called for the do...
Currency News 8 hours ago
USD/CAD seen at 1.38 on a three-month view – NBF
USD/CAD seen at 1.38 on a three-month view – NBF
The recent downgrade by Fitch for Government of Canada debt from AAA to AA+ coupled with dampening demand recovery for oil are likely to foster a further loonie...
Currency News 8 hours ago
EUR/JPY Price Analysis: Upside faltered around 122.00
EUR/JPY Price Analysis: Upside faltered around 122.00
EUR/JPY move up met initial hurdle at the 122.00 area. Further up emerges the 2020 high at 123.43 (June 5). EUR/JPY failed to extend the bullish attempt...
Currency News 8 hours ago
GBP/USD slides to session lows, around 1.2465 region
GBP/USD slides to session lows, around 1.2465 region
GBP/USD continued with its struggle to find acceptance above the key 1.2500 psychological mark. Concerns about rising COVID-19 cases benefitted the safe-ha...
Currency News 8 hours ago
USD/CHF: Negative bias while below 0.9491 – Commerzbank
USD/CHF: Negative bias while below 0.9491 – Commerzbank
USD/CHF nearly reached the 0.9376 June low yesterday before stabilising at 0.9384. Today, the pair is edging higher and trades near daily highs around 0.9450, u...
Currency News 8 hours ago
EUR/USD Price Analysis: Interim hurdle remains at 1.1350
EUR/USD Price Analysis: Interim hurdle remains at 1.1350
EUR/USD recedes from Monday’s peaks in the vicinity of 1.1350. The pair stays well supported near 1.1170 in the near-term. EUR/USD’s upside momentum fai...
Currency News 8 hours ago
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