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Forex Today: US Dollar slides ahead of key GDP data

Here is what you need to know on Thursday, April 25: The US Dollar (USD) stays under modest selling pressure on Thursday as investors gear up for key data releases.
New
update2024.04.25 16:01

US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4

The US Bureau of Economic Analysis (BEA) will publish the first estimate of the US Gross Domestic Product (GDP) for the January-March period on Thursday.
New
update2024.04.25 16:00

EUR/JPY Price Analysis: Extends its upside above 166.50 amid the overbought condition

The EUR/JPY cross trades in positive territory for the fifth consecutive day during the early European trading hours on Thursday.
New
update2024.04.25 15:40

FX option expiries for Apr 25 NY cut

FX option expiries for Apr 25 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0595 390m 1.0640 1.2b 1.0650 990m 1.0700 750m 1.0750 767m 1.0760 642m 1.0800 689m 1.0850 839m - GBP/USD: GBP amounts 1.2410 400m 1.2500 432m - USD/JPY: USD amounts 153.00 1.7b 154.00 1.2b 155.00 1.9b 155.25 441m 155.85 1.2b - AUD/USD: AUD amounts 0.6430 559m 0.6635 505m - USD/CAD: USD amounts 1.3650 379m 1.3750 457m .
New
update2024.04.25 15:17

EUR/USD Price Analysis: Moves above 1.0700, next barrier at 21-day EMA

EUR/USD recovers its recent losses registered in the previous session, trading around 1.0710 during the Asian session on Thursday.
New
update2024.04.25 14:47

USD/CHF holds below 0.9150, US GDP data looms

The USD/CHF pair trades on a weaker note near 0.9145 during the early European session on Thursday.
New
update2024.04.25 14:19

NZD/USD rises to near 0.5950 on improved risk appetite

The NZD/USD pair moves in the positive direction, trading around 0.5940 during the Asian session on Thursday.
New
update2024.04.25 13:47

GBP/USD Price Analysis: Acceptance above 23.6% Fibo. favors bulls ahead of US Q1 GDP

The GBP/USD pair consolidates its strong recovery gains registered over the past two days, from the 1.2300 mark or the YTD low set earlier this week and oscillates in a range during the Asian session on Thursday.
New
update2024.04.25 13:44

Gold price lacks firm intraday direction, holds steady above $2,300 ahead of US data

Gold price (XAU/USD) extends its consolidative price move above the $2,300 mark during the Asian session on Thursday as traders more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh directional bets.
New
update2024.04.25 13:18

Australian Dollar appreciates on growing hawkish sentiment surrounding RBA

The Australian Dollar (AUD) edges higher for the fourth consecutive session on Thursday.
New
update2024.04.25 12:27

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