NZD/USD is likely to trade with a downward bias – UOB Group
New Zealand Dollar (NZD) is likely to consolidate in a range of 0.5870/0.5920. In the longer run, slight…
Read MoreAUD/USD: Set to test the major support at 0.6600 – UOB Group
There is a chance for Australian Dollar (AUD) to test the major support at 0.6600 before a recovery…
Read MoreUSD/JPY recovers early losses and rebounds to near 148.00 as US Dollar extends upside
USD/JPY recovers to near 148.00 as the US Dollar extends its winning streak. The Fed signals two more…
Read MoreGBP/USD has moved into a range-trading phase – UOB Group
Pound Sterling (GBP) has moved into a range-trading phase; softening underlying tone suggests it is likely to test…
Read MoreEUR/USD might retest the 1.1750 level – UOB Group
Euro (EUR) could retest the 1.1750 level before a more sustained recovery is likely; the major support at…
Read MoreEUR/GBP holds steady below 0.8700 as traders await BoE rate decision
EUR/GBP flat lines near 0.8670 in Thursday’s early European session. BoE is expected to keep rates on hold…
Read MoreUSD/CHF extends recovery to near 0.7900 as US Dollar gains ground
USD/CHF rebounds further to near 0.7900 as the US Dollar bounces back, following Fed policy’s announcement. The Fed…
Read MoreUSD/CAD Price Forecast: Bulls might find resistance around 1.3800
The US Dollar might struggle to extend gains above 1.3800 amid the positive market sentiment. The Canadian Dollar…
Read MoreRBNZ: Pencilling deeper cuts – Standard Chartered
Q2 GDP contracted 0.9% q/q, much weaker than both consensus and the RBNZ’s -0.3% forecast. Weakness was broad-based…
Read MoreAUD/USD recovers some weak Aussie labor data-driven losses, US jobless claims eyed
AUD/USD recovers some of its early losses, which were driven by weak Australian employment data. The Australian laborforce…
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