Forex

  • EURUSD
    1.09 0.55%
  • GBPUSD
    1.24 0.71%
  • AUDUSD
    0.68 1.51%
  • USDJPY
    132.42 -0.28%
  • NZDUSD
    0.63 0.67%
  • USDCHF
    0.91 -0.26%
  • USDCAD
    1.34 -0.6%
  • EURJPY
    144.37 0.26%
  • EURGBP
    0.88 -0.16%
AUD/USD dips as crucial resistance holds – will bulls break it?

AUD/USD dips as crucial resistance holds – will bulls break it?

The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
GBP/USD stumbles after UK inflation data
GBPUSD
0.71%

GBP/USD stumbles after UK inflation data

Bears regained control today, with the pair forming a triangle pattern, likely spurring further volatility in the days ahead.
EUR/USD advances toward the upper line of bearish channel
EURUSD
0.55%

EUR/USD advances toward the upper line of bearish channel

The euro is trying to jump toward the key resistance at 1.0, but so far, the bullish momentum looks weak.

US dollar should stay supported in current macro environment

Short-term corrections are expected to be bought as the fundamental situation remains bullish for the greenback.
Forex outlook: NZD/USD, EUR/JPY and GBP/NZD
NZDUSD
0.67%

Forex outlook: NZD/USD, EUR/JPY and GBP/NZD

The whole financial market continues to be extremely volatile, but today we will look only at Forex, namely NZD/USD, EUR/JPY and GBP/NZD.

GBP/JPY under pressure amid UK political concerns

Political instability in the UK drives the price of GBP down. On the other hand, the monetary madness in Japan undermines the JPY even further.
EUR/USD glued to 0.97 ahead of US CPI
EURUSD
0.55%

EUR/USD glued to 0.97 ahead of US CPI

Volatility will surely pick up later today as investors await the US CPI report.
USD/JPY tags fresh cycle highs after FOMC minutes
USDJPY
-0.28%

USD/JPY tags fresh cycle highs after FOMC minutes

This is a fresh cycle high for the USD after the FOMC minutes, which showed the Fed's determination to fight inflation.
GBP/USD drops toward 1.10 on USD buying
GBPUSD
0.71%

GBP/USD drops toward 1.10 on USD buying

This week, the GBP has been under pressure as the UK jobs market stays strong and the Bank of England widens the Gilt purchase operations.

EUR/USD falls despite hawkish rhetoric by ECB governors

It looks like the bearish trend will continue as there are no bullish news for the single currency.
USD/CAD drops after labor market combo
USDCAD
-0.6%

USD/CAD drops after labor market combo

Volatility came after the labor market data, so far benefitting the Canadian dollar more.
EUR/GBP stays above significant support
EURGBP
-0.16%

EUR/GBP stays above significant support

So far, the 0.87 support has held, offering some nice momentum for the bulls.
NZD/USD fails to strengthen despite 50bps rate hike
NZDUSD
0.67%

NZD/USD fails to strengthen despite 50bps rate hike

It looks like the bearish sentiment might resume, despite another hawkish RBNZ decision.