Show:
USD/CNH: Unlikely to reach the strong support at 7.2000 - UOB Group
The US Dollar (USD) could weaken further; any decline is unlikely to reach the strong support at 7.2000.
USD: Some well deserved consolidation - ING
FX markets are seeing some well-deserved consolidation after a volatile few weeks.
USD/JPY: Pullback in USD can extend to 153.20 - UOB Group
The US Dollar (USD) could trade in a choppy manner, likely between 153.80 and 155.10.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data.
USD/SGD: Corrective pullback - OCBC
USD/SGD continued to trade lower, amid broad US Dollar (USD) pullback.
NZD/USD: 0.5775 is probably out of reach - UOB Group
The New Zealand Dollar (NZD) is likely to trade in a 0.5860/0.5910 range.
AUD/USD Price Forecast: Holds position around 0.6500, next barrier appears at nine-day EMA
AUD/USD halts two days of gains, trading around 0.6500 during the European hours on Tuesday.
EUR/USD: Short squeeze - OCBC
The Euro (EUR) rebounded as US Dollar (USD) bulls paused. Pair was last at 1.0575 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Canada CPI expected to rise 1.9% in October, bolstering BoC to further ease policy
Statistics Canada is gearing up to release its latest inflation report for October, tracked by the Consumer Price Index (CPI), on Tuesday.
AUD/USD: Above 0.6520, AUD to stop weakening further - UOB Group
The Australian Dollar (AUD) is expected to trade in a range between 0.6470 and 0.6520.
USD/JPY: Downside risks - OCBC
USD/JPY saw choppy trades over the last 24 hours. USD/JPY was last at 153.61, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/CAD trades with positive bias above 1.4000, looks to Canadian CPI for fresh impetus
The USD/CAD pair finds some support near the 1.4000 psychological mark on Tuesday and for now, seems to have stalled its retracement slide from the highest level since May 2020.
GBP/USD: Likely to continue to weaken to 1.2565 - UOB Group
The Pound Sterling (GBP) is expected to trade in a 1.2625/1.2705 range.
DXY: Corrective pullback - OCBC
The US Dollar (USD) eased overnight in line with our earlier caution for risks of technical pullback.
EUR/USD: Likely to trade in a 1.0560/1.0610 range - UOB Group
Instead of continuing to rise, the Euro (EUR) is likely to trade in a 1.0560/1.0610 range.
GBP/JPY depreciates to near 195.50 ahead of the BoE Monetary Policy Report Hearings
The GBP/JPY cross retraces its recent gains, trading near 195.50 during European hours.
Pound Sterling consolidates as focus shifts to BoE hearings
The Pound Sterling (GBP) trades sideways against its major peers on Tuesday with investors focusing on the Monetary Policy Hearings, in which several Bank of England (BoE) policymakers - including Governor Andrew Bailey - will respond to questions before the Treasury Committee regarding the latest decisions on interest rates.
NZD/USD remains below 0.5900 due to dovish sentiment surrounding the RBNZ
The NZD/USD pair trades near 0.5890 during the early European session on Tuesday, maintaining its stance amid a softer US Dollar (USD) as profit-taking tempers its recent gains.
Forex Today: Choppy action continues as focus shifts to BoE hearings, mid-tier data releases
Here is what you need to know on Tuesday, November 19: In the absence of high-tier data releases, the US Dollar (USD) corrected lower to start the week.
EUR/GBP holds steady near 0.8350 ahead of Eurozone HICP inflation data
The EUR/GBP cross trades on a flat note near 0.8355 during the early European session on Tuesday.
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