Show:
USD remains firm ahead of Powell remarks - Scotiabank
The US Dollar (USD) retains a firm undertone in quiet trade ahead of Powell's remarks at 10ET.
NZD/USD bears hit four-month lows at 0.5800 ahead of Fed Powell's speech
The New Zealand Dollar extends losses for the fifth consecutive day against a firmer US Dollar, with investors reluctant to take risks ahead of Fed Powell's speech at Jackson Hole. The pair has reached the 0.5800 level for the first time since mid-April, on track for a 2% weekly sell-off.
USD/CAD holds gains above 1.3900 with Canada's Retail Sales, Fed Powell on focus
The US Dollar is trading higher for the fifth consecutive day against its Canadian counterpart on Friday.
Gold Price Forecast: XAU/USD trades cautiously near $3,330, Fed Powell's speech in focus
Gold price (XAU/USD) trades 0.3% lower around $3,330.00 during the European trading session on Friday.
Gas: TTF rallies on Norway maintenance risks - ING
European Gas prices climbed nearly 4% as upcoming Norwegian maintenance raises supply concerns. With storage levels still lagging historical norms, Europe must stay competitive with Asia to secure LNG ahead of winter, ING's commodity experts Ewa Manthey and Warren Patterson note.
EUR/USD might potentially test 1.1575 - UOB Group
Euro (EUR) could drop below the 1.1595 support level, potentially testing 1.1575. In the longer run, downward momentum has increased further, but not significantly; for a continued decline, EUR must first close below 1.1595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Foreign official holdings of Treasuries hit 2024 low - ING
US Treasuries held in custody at the Fed for foreign institutions have fallen to their lowest levels this year, down $100bn since April. While structural demand supports the Treasury market, ongoing foreign central bank selling may weigh on the US Dollar (USD), ING's FX analyst Chris Turner notes.
CHF: Expectations of a Swiss National Bank rate cut in September fade - ING
EUR/CHF is comfortably trading under 0.94 again as optimism over a Ukraine ceasefire fades, ING's FX analyst Chris Turner notes.
Oil prices are set to finish this week higher - ING
Oil prices moved higher yesterday as the initial enthusiasm over progress towards a ceasefire between Russia and Ukraine continues to fade, ING's commodity experts Ewa Manthey and Warren Patterson note.
USD: All eyes on Powell at 16:00 CET - ING
The dollar is doing a little better as investors re-adjust their pricing for the 17 September FOMC meeting. 10 days ago, the market priced a 27bp rate cut. Today, just an 18bp cut is priced in. This adjustment has provided a little support to the dollar.
USD/CHF finds resistance at 0.8100 but stands tall awaiting Fed's Powell
The US Dollar is trimming daily gains against the Swiss Franc on Friday.
JPY: Sticky core inflation keeps an October BoJ hike in play - ING
USD/JPY to be back pressing 146.00 ahead of the Fed meeting
ECB: Euro area's Negotiated Wages jump 3.95% YoY in Q2 vs. 2.46% in Q1
On Friday, the European Central Bank (ECB) released its indicator of the Euro area's Negotiated Wage Rates data for the second quarter (Q2) of 2025.
NZD/USD: Near oversold conditions - OCBC
New Zealand Dollar (NZD) continued to trade with a heavy bias near recent low. Pair last seen at 0.5808 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Prospects on of any near-term improvement in Ukraine fade - ING
EUR/USD is edging lower, driven both by the dollar and fading prospects of any near-term improvement in Ukraine, ING's FX analyst Chris Turner notes.
EUR/USD: 2-way trades are likely - OCBC
Euro (EUR) continued to trade subdued. Pair was last at 1.16 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Jerome Powell expected to give clues about Fed rate path in Jackson Hole speech
US Federal Reserve (Fed) Chair Jerome Powell is scheduled to deliver a speech on "Economic Outlook and Framework Review" at the annual Jackson Hole Economic Symposium on Friday at 14:00 GMT.
GBP/JPY Price Forecast: Hesitates around 199.00 in risk-off markets
The Pound has returned above the 199.00 mark against the Japanese Yen after pulling back to 198..85 lows on the early European session.
AUD/USD trades with caution near 0.6400 as Fed Powell's speech takes centre stage
The AUD/USD pair trades cautiously near a fresh two-month low around 0.6400 during the European trading session on Friday. The Aussie pair is expected to remain on tenterhooks as investors await Federal Reserve (Fed) Chair Jerome Powell's speech at the Jackson Hole (JH) Symposium at 14:00 GMT.
EUR/CAD Price Forecast: Showing signs of topping at 1.6190 YTD highs
The Euro is losing momentum against the Canadian Dollar on Friday.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy