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November 11, 2024

NZD/USD: A test of 0.5955 seems inevitable – UOB Group

As long as 0.5955 is not breached, the New Zealand Dollar (NZD) could edge higher to 0.6075, UOB Group FX analysts Quek Ser Leang and

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November 11, 2024

USD/JPY jumps above 153.50 amid uncertainty over BoJ rate hike

The USD/JPY climbs above 153.50 in European trading hours on Monday. The asset strengthens as the Japanese Yen (JPY) has weakened across the board amid

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November 11, 2024

USD/JPY: Set to trade in a range of 152.50/153.85 –

Sharp pullback appears to be overextended; instead of continuing to weaken, the US Dollar (USD) is likely to trade in a range of 152.50/153.85. In

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November 11, 2024

EUR/USD: Path of least resistance may be skewed to the

The Euro EUR continued to trade near recent lows, weighed by fresh concerns of political uncertainty in Germany (Chancellor Scholz dismissed Finance Minister and called

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November 11, 2024

USD/CNH: Level to watch is 7.2400 – UOB Group

Surge in momentum suggests further US Dollar (USD) strength, but the pace and extent is likely to be more moderate. The level to watch is

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November 11, 2024

GBP/USD: To consolidate near term – OCBC

The Pound Sterling (GBP) traded a touch softer last week, despite larger magnitude of decline seen in other FX including EUR, CHF. GBP was last

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November 11, 2024

AUD/USD oscillates below 0.6600 with US Inflation, Aussie Employment in

The AUD/USD pair trades in a tight range slightly below the key resistance of 0.6600 in Monday’s European session. The Aussie pair consolidates as investors

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November 11, 2024

Gold pullback might prove to be timely for dip buyers

Gold is down another 0.7% today as a firmer dollar and higher yields since the election looks to be weighing. Alternative flows into Trump trades

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