Currency News

NZD/USD: A break of 0.63 looks imminent – ANZ
NZD/USD: A break of 0.63 looks imminent – ANZ
Kiwi is reaching for the stars again amid a strong risk-on mood and a move above 0.63 is forthcoming, according to economists at ANZ Bank. UOB also says that th...
Currency News 29 minutes ago
GBP/USD: A close above 1.2664 would point to the 1.2818 mark – Commerzbank
GBP/USD: A close above 1.2664 would point to the 1.2818 mark – Commerzbank
The short-term uptrend at 1.2250 is dominating the GBP/USD pair and analysts at Commerzbank are focused on the 200-day moving average at 1.2662. FX Strategists...
Currency News 29 minutes ago
USD/JPY stays neutral in the near-term – UOB
USD/JPY stays neutral in the near-term – UOB
USD/JPY is expected to keep the consolidative theme unchanged in the short-term horizon, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “USD...
Currency News 29 minutes ago
USD/JPY Price Analysis: Set to test 108.20 amid symmetrical triangle breakout on 1H
USD/JPY Price Analysis: Set to test 108.20 amid symmetrical triangle breakout on 1H
USD/JPY gathering pace for a break above the 108 level. Symmetrical triangle breakout on hourly chart points to extra gains. Hourly RSI also back t...
Currency News 29 minutes ago
USD/CAD depressed near multi-month lows, below mid-1.3500s
USD/CAD depressed near multi-month lows, below mid-1.3500s
USD/CAD remained depressed for the second straight session amid a subdued USD demand. Growing optimism about the global economic recovery weighed on the sa...
Currency News 30 minutes ago
GBP/USD: Getting in overbought conditions, a correction is likely
GBP/USD: Getting in overbought conditions, a correction is likely
GBP/USD Tuesday's four-hour chart is pointing to mild overbought conditions, as FXStreet’s analyst Yohay Elam notes. The cable is gaining 0.31% today, trading a...
Currency News 30 minutes ago
USD/JPY: Capped by the 200-day ma at 108.36 – Commerzbank
USD/JPY: Capped by the 200-day ma at 108.36 – Commerzbank
The USD/JPY pair remains capped by the 200-day ma at 108.38 and maintains a neutral-to-bullish stance, according to Commerzbank’s Karen Jones. UOB is also neutr...
Currency News 30 minutes ago
GBP/USD: Brexit breakthrough and US demonstrations to boost the pound
GBP/USD: Brexit breakthrough and US demonstrations to boost the pound
GBP/USD has been advancing to the highest levels in a month amid hopes for a Brexit deal while US protests are grabbing the headlines and there are various ways...
Currency News 30 minutes ago
RBA maintains Official Cash Rate at 0.25%, AUD/USD keeps the red below 0.68
RBA maintains Official Cash Rate at 0.25%, AUD/USD keeps the red below 0.68
At its scheduled June monetary policy meeting held Tuesday, the Reserve Bank of Australia (RBA) left its monetary policy settings unchanged, with the official c...
Currency News 2 hours ago
AUD/USD pick-up bids toward 0.6800 after RBA’s status-quo
AUD/USD pick-up bids toward 0.6800 after RBA’s status-quo
AUD/USD recovers from 0.6780 following the RBA’s no rate change decision. RBA statement praises the Aussie central bank’s performance. US dollar recovers...
Currency News 2 hours ago
EUR/USD remains positive, now looks to 1.1190 – UOB
EUR/USD remains positive, now looks to 1.1190 – UOB
FX Strategists at UOB Group now see EUR/USD advancing to the 1.1190 region in the next weeks. Key Quotes 24-hour view: “We noted yesterday that ‘conditions re...
Currency News 2 hours ago
GBP/USD: Potential move to 1.2600 – UOB
GBP/USD: Potential move to 1.2600 – UOB
Cable remains firm and could extend the upside momentum to the 1.2600 zone, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We expected GBP to st...
Currency News 3 hours ago
NZD/USD Price Analysis: Eyes a break below 0.6250 amid a potential rounding top
NZD/USD Price Analysis: Eyes a break below 0.6250 amid a potential rounding top
NZD/USD extends correction from three-month tops above 0.6300 Dollar stages a tepid comeback amid mixed market sentiment. Technical set up suggests a be...
Currency News 5 hours ago
GBP/USD: Bulls step back from one-month top with eyes on Brexit negotiations
GBP/USD: Bulls step back from one-month top with eyes on Brexit negotiations
GBP/USD bears the burden of US dollar pullback, eases from 1.2525. DXY pullback from 11-week low amid escalation civil unrest in the US. Brexit-positive...
Currency News 5 hours ago
EUR/USD: Further upside likely on a break above 1.1150
EUR/USD: Further upside likely on a break above 1.1150
Broad USD bounce, cautious mood caps EUR/USD’s upside. Bleak Eurozone/US Manufacturing PMIs fail to move the pair. Eyes on US-China updates and risk tr...
Currency News 5 hours ago
USD/CAD Price Analysis: Bears cheer break of key support below 1.3600
USD/CAD Price Analysis: Bears cheer break of key support below 1.3600
USD/CAD drops to three-month low, under 61.8% Fibonacci retracement. 200-day SMA, February month’s high on the sellers’ radar. Buyers will refrain entrie...
Currency News 7 hours ago
GBP/JPY refreshes one-month high above 134.50, Brexit, US riots in focus
GBP/JPY refreshes one-month high above 134.50, Brexit, US riots in focus
GBP/JPY rises for the fourth day in a row to challenge the early-May top. Hopes of further aids from the Tory government, Brexit-positive news keep the bul...
Currency News 7 hours ago
USD/JPY steady in Tokyo, awaits next catalyst
USD/JPY steady in Tokyo, awaits next catalyst
USD in trouble, riots, trade, economy, COVID-19, bad data all weighing. USD/JPY holding ground as equities remain better bid.  USD/JPY is currentl...
Currency News 7 hours ago
GBP/USD Price Analysis: Upside momentum fizzles near one-month high
GBP/USD Price Analysis: Upside momentum fizzles near one-month high
GBP/USD trades near the monthly high after successfully breaching 100-day EMA. 200-day EMA, April top on the bulls’ radars during the further upside. A t...
Currency News 7 hours ago
EUR/USD Price Analysis: Bulls catch a breather above 1.1100
EUR/USD Price Analysis: Bulls catch a breather above 1.1100
EUR/USD eases from 11-week top, still above 1.1100. A 14-day-old rising channel, sustained trading beyond 200-day SMA favor buyers. 50% Fibonacci retrace...
Currency News 7 hours ago
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