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: 2025.08.18
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GBP quiet in mid-1.35s ahead of key data - Scotiabank
Breaking news
GBP quiet in mid-1.35s ahead of key data - Scotiabank
New
2025.08.18 20:56
2025.08.18 20:56
2025.08.18 20:56
The Pound Sterling (GBP) is also quietly consolidating its recent recovery and trading within an exceptionally tight range in the mid-1.35s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Spreads seem to be supportive
"This week's domestic calendar is heavy, offering CPI on Wednesday, preliminary PMI's and public finance figures on Thursday, and retail sales on Friday."
"The outlook for relative central bank policy remains supportive and the UK-US 2Y spread is threatening fresh highs as markets fade their expectations for BoE easing. Gov. Bailey is scheduled to speak at Jackson Hole, on Saturday. BoE commentary has been limited in the aftermath of the latest split decision, intensifying the focus on Bailey's speech and its tone."
"The multi-month trend remains bullish but the recent loss of momentum is notable with an RSI hovering in the upper 50 area. The latest consolidating is being observed just above the 50 day MA (1.3502) and recent resistance has been observed around 1.36. We look to a near-term range bound between 1.3500 support and 1.3600 resistance."
Last updated
: 2025.08.18
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EUR/CHF retreats as traders eye Trump-Zelenskyy talks
The Euro (EUR) struggles to gain traction against the Swiss Franc (CHF) at the start of the week, with EUR/CHF retreating modestly from last week's high of 0.9446, its strongest level since April 25.
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2025.08.18 22:10USD/CNH: Downward momentum is building - UOB Group
Slight increase in momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.1800/7.1950. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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2025.08.18 21:11Gold rebounds as safe-haven demand rises ahead of Trump-Zelenskyy meeting
Gold (XAU/USD) kicks off the week on a volatile note, staging a sharp intraday recovery after briefly dipping to an 11-day low near $3,323 during early Monday trade.
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2025.08.18 21:05JPY quiet and range bound ahead of CPI and PMI's - Scotiabank
The Japanese Yen (JPY) is soft, entering Monday's NA session with a modest decline against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
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2025.08.18 21:05USD/JPY: Likely to trade in a range between 146.80 and 147.85 - UOB Group
US Dollar (USD) is likely to trade in a range between 146.80 and 147.85. In the longer run, USD has likely moved back into a range-trading phase between 146.50 and 148.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.18 21:03GBP quiet in mid-1.35s ahead of key data - Scotiabank
The Pound Sterling (GBP) is also quietly consolidating its recent recovery and trading within an exceptionally tight range in the mid-1.35s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
New
2025.08.18 20:55NZD/USD: Likely to trade in a range between 0.5910 and 0.5950 - UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5910 and 0.5950. In the longer run, NZD has likely entered a 0.5880/0.5980 consolidation phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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2025.08.18 20:52EUR quiet around 1.17 - Scotiabank
The Euro (EUR) is quietly consolidating its recent recovery and trading in a tight range around 1.17, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
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2025.08.18 20:49GBP/JPY Price Forecast: Hesitation below 200.00 with upside bias intact
The Pound posted moderate gains on Monday, correcting higher after the last two days' reversal. The pair, however, remains trapped within a tight range below the 200.00 psychological level, halfway through last week's trading range.The fundamental outlook is mixed.
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2025.08.18 20:49EUR/CAD corrects to near 1.6100 as Euro underperforms across the board
The EUR/CAD pair retraces to near the round-level figure of 1.6100 during Monday's European trading session after posting a fresh seven-year high around 1.6187 in early Asian trading hours.
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2025.08.18 20:44Disclaimer:
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