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Forex

81 posts

NZDUSD More volatility seems likely into US CPI data – ANZ

  • admin
  • March 14, 2023
The Kiwi is higher as the USD comes under pressure under the weight of falling rates and recession fears. Economists at ANZ Bank expect ongoing volatility. NZ considerations relegated to the background “Bond…
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EURUSD now faces some near-term consolidation – UOB

  • admin
  • March 13, 2023
Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia now see EUR/USD navigating within the 1.0560-1.0800 range for the time being. Key Quotes 24-hour view: “We expected EUR to ‘continue…
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USDJPY Price Analysis Bulls testing the 200 DMA on the front side of bull trend

  • admin
  • March 9, 2023
USD/JPY remains on the front side of the bull trend with the US Dollar still perched near a three-month high on Thursday. Traders have repriced a more aggressive pace of interest rate…
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GBPUSD faces the next support around 1.1750 – UOB

  • admin
  • March 9, 2023
In the view of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, extra pullbacks could motivate GBP/USD to revisit the 1.1750 zone in the near term. Key Quotes…
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EURUSD risks a gradual decline to 1.0485 – UOB

  • admin
  • March 9, 2023
Further weakness could drag EUR/USD to the 1.0485 level in the next weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: “We expected…
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NZDUSD Price Analysis Snaps three-day downtrend as buyers poke 0.6130 hurdle

  • admin
  • March 9, 2023
NZD/USD pares weekly losses around 0.6120 amid the early Thursday morning in Europe. In doing so, the Kiwi pair prints mild gains while snapping the previous three-day downtrend, as well as…
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USDMXN Price Analysis Recovery remains elusive below 18.16

  • admin
  • March 8, 2023
USD/MXN retreats from intraday high, snapping a two-day uptrend, as it drops to 18.10 heading into Wednesday’s European session. In doing so, the Mexican Peso (MXN) pair fades the early-week…
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USDCAD remains confined in a range around 1.3600 mark ahead of Powell’s testimony

  • admin
  • March 7, 2023
The USD/CAD pair continues with its struggle to gain any meaningful traction on Tuesday and remains confined in a familiar trading range around the 1.3600 mark through the early European session.…
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EURUSD Resistance at 1.066080, support at 1.0580 – OCBC

  • admin
  • March 6, 2023
EUR/USD traded a touch firmer last week. Economists at OCBC Bank analyze the world’s most popular currency pair technical outlook. RSI shows sign of rising “Bearish momentum on daily chart intact…
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EURUSD regained 1.0600, extending its gains due to a soft US Dollar

  • admin
  • March 4, 2023
EUR/USD reversed its course and is set to finish the week with gains of more than 0.80% on a softer US Dollar (USD) amidst speculations that the US Federal Reserve…
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