Editors' Picks

EUR/USD bulls frayed at their ends during the midweek hump session, giving back nearly half of a percent and keeping Fiber price action hamstrung just north of the 1.0500 major handle.

Pound Sterling gathers strength against its peers early Wednesday, supported by the stronger-than-forecast inflation readings for October. Later in the day, investors will pay close attention to comments from Federal Reserve (Fed) and Bank of England (BoE) policymakers. 

USD/CAD consolidates in a range near a one-week low amid mixed fundamental cues.

The EUR/JPY cross resumes the upside to near 164.30 during the early European session on Wednesday.

EUR/USD remains subdued as the US Dollar (USD) appreciates, possibly driven by the safe-haven flows amid escalating tensions in the Russia-Ukraine conflict.

The Australian Dollar (AUD) attempts to extend its gains for the fourth consecutive day on Wednesday, following the People’s Bank of China’s (PBoC) interest rate decision.

GBP/USD churned chart paper just south of 1.2700 on Tuesday as Cable traders brace for a decently-sized UK data dump due on Wednesday, headlined by UK Consumer Price Index (CPI) inflation figures for October.

EUR/USD chewed through chart paper between 1.0550 and 1.0600 levels on Tuesday, testing into the low side but staging a recovery to add a thin 0.14% on the day.

Over the course of the week, there will be few data releases from the euro zone, except for the purchasing managers' indices on Friday.

NZD/USD may face challenges as traders expect the RBNZ to deliver a substantial rate cut next week. The US Dollar gains ground due to dampened odds of an imminent Fed rate cut.

The GBP/JPY cross retraces its recent gains, trading near 195.50 during European hours.

USD/CAD holds above 1.4000 and draws support from a combination of factors.

EUR/USD remains steady with a positive bias, hovering around 1.0600 during Tuesday's Asian trading hours. The upbeat sentiment surrounding the pair is likely driven by a softer US Dollar (USD), as profit-taking follows its recent rally.

With another week of tepid economic data on the books, Euro remains exposed to market flows.

The Dollar Index (DXY) rebounded by 5.9% to 106.7 in the past 1.5 months, following its 4.8% decline to 100.8 in 3Q24, DBS’ Senior FX Strategist Philip Wee notes.

Japan equities were lower at the close on Monday, as losses in the Real Estate, Shipbuilding and Financial Services sectors propelled shares lower.

The USD/CHF pair softens to around 0.8875 on Monday during the early European session, pressured by the weakening of the US Dollar (USD).

EUR/USD consolidates above 1.0500 as investors look for fresh cues for Fed-ECB likely interest rate action in December.

GBP/USD breaks its six-day losing streak, trading around 1.2630 during the Asian hours on Monday. The daily chart analysis shows the sellers' control weakens as the pair moves downwards within the descending wedge pattern. This signals a potential bullish reversal for the pair.

The AUD/USD pair trades on a stronger note around 0.6460 during the early Asian session on Monday.