Forex News

NZD largely unphased by the RBNZ comments – BBH

By Fxstreet

NZD largely unphased by the RBNZ comments – BBH

Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway reiterated the bank’s policy outlook , BBH's FX analysts report.

NZDUSD

Technical Analysis

NewZealand

RBNZ

Banks

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USD/CNH: Expected to trade between 7.2300 and 7.2580 – UOB Group

News Discussion Forum

By Fxstreet

USD/CNH: Expected to trade between 7.2300 and 7.2580 – UOB Group

US Dollar (USD) is expected to trade between 7.2300 and 7.2580 vs Chinese Yuan (CNH).

USDCNY

USDCNH

Technical Analysis

Banks

Reply

AUD: RBA remains cautious about prospects for further policy easing – BBH

News Discussion Forum

By Fxstreet

AUD: RBA remains cautious about prospects for further policy easing – BBH

AUD is supported as markets continue to imply a shallow RBA easing cycle (roughly 50bps of easing over the next 12 months), BBH's FX analysts report.

AUDUSD

Technical Analysis

Banks

Reply

USD/JPY: Expected to trade in a 149.20/150.55 range – UOB Group

News Discussion Forum

By Fxstreet

USD/JPY: Expected to trade in a 149.20/150.55 range – UOB Group

US Dollar (USD) is expected to trade in a 149.20/150.55 range vs Japanese Yen (JPY).

USDJPY

Technical Analysis

Banks

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Russia says no interim contact expected before Trump-Putin meeting

News Discussion Forum

By Forex Live

Russia says no interim contact expected before Trump-Putin meeting

The Kremlin said that a meeting next week is possible but the details are yet to be ironed out

Politics

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GBP: BoE to cut 50bps over the next 12 months– BBH

News Discussion Forum

By Fxstreet

GBP: BoE to cut 50bps over the next 12 months– BBH

GBP is firmer after UK January retail sales growth overshot expectations , BBH's FX analysts report.

GBPUSD

Technical Analysis

Banks

Inflation

Reply

USD/CAD Price Forecast: Recovers to near 1.4200

News Discussion Forum

By Fxstreet

USD/CAD Price Forecast: Recovers to near 1.4200

The USD/CAD pair gains to near the key resistance of 1.4200 in European trading hours on Friday.

USDCAD

DollarIndex

Fed

BOC

Inflation

Reply

NZD/USD: Unlikely to reach 0.5790 today – UOB Group

News Discussion Forum

By Fxstreet

NZD/USD: Unlikely to reach 0.5790 today – UOB Group

Scope for New Zealand Dollar (NZD) to rise further, but it is unlikely to reach 0.5790 today.

NZDUSD

Technical Analysis

Banks

Reply

USD/JPY: Technical rebound; fade rallies – OCBC

News Discussion Forum

By Fxstreet

USD/JPY: Technical rebound; fade rallies – OCBC

USD/JPY fell to a low of 149.29 this morning before rebounding to above 150 on Governor Ueda’s comments.

USDJPY

Technical Analysis

Banks

Reply

JPY: Inflation endorses hawkish sentiment – ING

News Discussion Forum

By Fxstreet

JPY: Inflation endorses hawkish sentiment – ING

The Japanese Yen (JPY) has had a stellar week, ING’s FX analysts Francesco Pesole notes.

USDJPY

Technical Analysis

Japan

Banks

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Dollar holds steadier so far on the session

News Discussion Forum

By Forex Live

Dollar holds steadier so far on the session

Not too much else going on in markets in European trading

USD

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AUD/USD can advance further, potentially reaching 0.6455 – UOB Group

News Discussion Forum

By Fxstreet

AUD/USD can advance further, potentially reaching 0.6455 – UOB Group

Room for Australian Dollar (AUD) to advance to 0.6425 vs US Dollar (USD) before levelling off; 0.6455 is likely out of reach for now.

AUDUSD

Technical Analysis

Banks

Reply

USD: A major correction on souring US sentiment – ING

News Discussion Forum

By Fxstreet

USD: A major correction on souring US sentiment – ING

FX markets moved quite hectically yesterday, with the dollar giving up its weekly gains in a round of heavy positioning readjustment.

DollarIndex

Technical Analysis

Banks

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EUR/USD weakens on US Dollar's recovery, slower-than-growth in Eurozone PMI

News Discussion Forum

By Fxstreet

EUR/USD weakens on US Dollar's recovery, slower-than-growth in Eurozone PMI

EUR/USD slides to near 1.0460 in Friday’s North American session.

EURUSD

ECB

Fed

PMI

SEO

Reply

DXY: Break below 100-DMA may open room for further downside – OCBC

News Discussion Forum

By Fxstreet

DXY: Break below 100-DMA may open room for further downside – OCBC

US Dollar (USD) fell overnight as UST yields retreated while US equities slipped.

DollarIndex

Technical Analysis

Banks

Reply

News Discussion Forum

By Fxstreet

Gold near flat ahead of US PMI release

Gold’s price (XAU/USD) took in on the chin and was down over 1% from its Thursday all-time high of $2,954 during the Asian trading session on Friday, now heading back to nearly flat ahead of the US trading session around $2,935 at the time of writing.

Gold

Commodities

UnitedStates

SEO

Reply

GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group

News Discussion Forum

By Fxstreet

GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group

Impulsive momentum could push Pound Sterling (GBP) higher vs US Dollar (USD); overbought conditions suggest 1.2730 could be just out of reach for now.

GBPUSD

Technical Analysis

Banks

Reply

News Discussion Forum

By Fxstreet

EUR/USD: German elections Sunday – OCBC

As of 17 Feb, Politico’s poll of polls shows CDU/CSU leading at 30%, AfD at 21%, SPD at 16% and Greens at 13%, while other smaller parties are in the region of 5% or so.

EURUSD

Technical Analysis

Banks

Reply

EUR/JPY surrenders half of intraday gains after steady Eurozone flash PMI

News Discussion Forum

By Fxstreet

EUR/JPY surrenders half of intraday gains after steady Eurozone flash PMI

The EUR/JPY pair gives up half of its intraday gains and falls to near 157.50 from the intraday high of 158.23 in European trading hours on Friday.

EURJPY

ECB

PMI

BOJ

Inflation

Reply

EUR: Major German parties pledge to keep the far right out of any coalition – ING

News Discussion Forum

By Fxstreet

EUR: Major German parties pledge to keep the far right out of any coalition – ING

The euro has benefited from the unwinding of US Dollar (USD) longs, but remains generally unattractive in the crosses, ING’s FX analysts Francesco Pesole notes.

EURUSD

Technical Analysis

Banks

Reply

EUR/USD: Has room to extend to 1.0530 – UOB Group

News Discussion Forum

By Fxstreet

EUR/USD: Has room to extend to 1.0530 – UOB Group

Impulsive advance has room to extend to 1.0530; a clear break above this level appears unlikely.

EURUSD

Technical Analysis

Banks

Reply

UK Preliminary Services PMI unexpectedly rises to 51.1 in February vs. 50.8 expected

News Discussion Forum

By Fxstreet

UK Preliminary Services PMI unexpectedly rises to 51.1 in February vs. 50.8 expected

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) unexpectedly declined to 46.4 in February from 48.3 in January.

GBPUSD

UnitedKingdom

EconomicIndicator

PMI

Manufacturing

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