News
Important Only
NZD/USD: Likely to trade in a 0.5510/0.5705 range – UOB Group
New Zealand Dollar (NZD) is likely to trade in a 0.5605/0.5680 range. In the longer run, current price movements are likely part of a 0.5510/0.5705 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Feb 5
GBP/USD: A sustained break above 1.2530 is unlikely – UOB Group
The Pound Sterling (GBP) could rise further; overbought conditions suggest a sustained break above 1.2530 is unlikely. In the longer run, for the time being, GBP is expected to trade in a range of 1.2245/1.2530, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Feb 5
EUR/GBP: Monday’s low around 0.8250 might out of sight for now – Rabobank
GBP has unwound some of the gains it made against the EUR yesterday indicating that the market is not convinced that the pound is a robust hedge against the likelihood of a step up in trade tensions between the EU and the US, Rabobank’s FX analyst Jane Foley notes.
Fxstreet
Tue, Feb 4
GBP down modestly on the session – Scotiabank
The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday’s intraday low and stretch gains against the EUR to retest the mid-0.82 zone on the cross, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, Feb 4
USD settles back but tariff uncertainty to persist – Scotiabank
That was exhausting. Yesterday brought a mix of news on tariffs that likely reflects the sort of swings in sentiment we will have to expect as President Trump wields the tariff hammer on the US’ main trading partners, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, Feb 4
USD/CNH: Likely to trade between 7.2950 and 7.3400 – UOB Group
Outlook is mixed; USD is likely to trade between 7.2950 and 7.3400. In the longer run, a breach of 7.2950 would mean that USD is likely to trade in a range instead of advancing further, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Feb 4
USD/JPY: To trade in an erratic manner – UOB Group
US Dollar (USD) could continue to trade in an erratic manner, probably in a range of 154.50/156.00. In the longer run, for the time being, USD is likely to trade in a 153.70/156.70 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Feb 4
NZD/USD: To trade in a range between 0.5570 and 0.5670 – UOB Group
Outlook is unclear; New Zealand (NZD) could trade in a range between 0.5570 and 0.5670. In the longer run, current price movements are likely part of a 0.5510/0.5705 range trading phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Feb 4
AUD/USD: Downward momentum fades – UOB Group
AUD could rise, but any advance is likely part of a higher 0.6155/0.6265 range. In the longer run, downward momentum has largely faded; AUD is expected to trade in a range between 0.6080 and 0.6310, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Feb 4
GBP/USD: Unlikely to break clearly above 1.2475 – UOB Group
Rapid rise has scope to extend, but any advance is unlikely to break clearly above 1.2475. In the longer run, for the time being, GBP is expected to trade in a range of 1.2245/1.2530, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Feb 4
EUR/USD: Continues to trade in a choppy manner – UOB Group
Euro (EUR) could continue to trade in a choppy manner, probably between 1.0255 and 1.0370. In the longer run, risk is for further EUR weakness; it remains to be seen if it can break and remain below 1.0100, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Feb 4
