FXStreet

AUD/USD Current Price: 0.7763 The Reserve Bank of Australia is widely anticipated to maintain its monetary policy unchanged. Australian manufacturing output rose at a solid pace in April according to the PMIs. AUD/USD pressures daily highs amid substantial gains in equities and gold. The AUD/USD...

EUR/USD Current Price: 1.2062 The US economy kept growing in April but at a slower than expected pace. German Retail Sales unexpectedly rose by 11% YoY in March. EUR/USD has retained the 1.2000 threshold, but its bullish potential is limited. The EUR/USD pair trades around 1.2060, up for...

AUD/USD Current Price: 0.7774 Soaring base metal prices maintained the Aussie afloat despite renewed greenback’s demand. Chinese PMIs could introduce some noise to currencies’ behavior on Friday. AUD/USD is technically neutral in the near-term, but sellers have limited chances. The...

EUR/USD Current Price: 1.2123 US GDP surged to 6.4% in the first quarter of the year, beating expectations. Germany and the EU will report on Q1 growth on Friday. EUR/USD has lost bullish momentum, but there are no signs of an upcoming slide. The EUR/USD pair advanced to a fresh monthly...

AUD/USD Current Price: 0.7789 Australian inflation unexpectedly contracted in the first quarter of the year. Investors buy the Aussie as the Fed will maintain QE despite its optimistic view. AUD/USD trades just ahead of a strong static resistance level at 0.7820. The AUD/USD pair fell to 0.7724...

EUR/USD Current Price: 1.2122 German’s GFK Consumer Confidence Survey unexpectedly fell to -8.8 in May. The Fed is not thinking about tapering but for sure sees things improving. EUR/USD holds on to intraday gains and could extend its rally towards 1.2200. The EUR/USD pair reached...

AUD/USD Current Price: 0.7766 Australian inflation is expected to have remained subdued in Q1 2021. The poor performance of equities undermined the bullish potential of AUD/USD. AUD/USD has limited bearish potential as long as it holds above 0.7690. The AUD/USD pair ended Tuesday with losses in...

EUR/USD Current Price: 1.2086 US data beat expectations, but investors remained in cautious mode. US Federal Reserve set to announce its monetary policy decision on Wednesday. EUR/USD is technically neutral in the near-term but holding near monthly highs. The EUR/USD pair held within familiar...

AUD/USD Current Price: 0.7804 Cooper prices jumped to a decade high amid supply disruption concerns. The Australian macroeconomic calendar will remain empty until next Wednesday. AUD/USD needs to advance above 0.7820 to accelerate its advance. The AUD/USD pair surged to 0.7814, holding on to...

EUR/USD Current Price: 1.2092 Dismal EU and US data weighed on investors’ mood ahead of first-tier events. Market participants are cautious ahead of Fed’ decision, Q1 GDP figures. EUR/USD holds near the 1.2100 figure and could keep posting gains. The EUR/USD pair hovers around 1...

AUD/USD Current Price: 0.7706 Australian NAB’s Business Confidence improved to 17 in Q1 from 14 previously. The sour tone of equities weighed on the pair in the last trading session of the day. AUD/USD trades around 0.7700, but bears have taken the lead. The Australian dollar was unable to...

EUR/USD Current Price: 1.2005 The European Central Bank left rates unchanged, maintained a cautious outlook. Markit will release on Friday the preliminary estimates of its April PMIs. EUR/USD turned bearish in the near-term, could approach the 1.1900 area. The greenback surged in the American...

AUD/USD Current Price: 0.7752 The Australian March Westpac Leading Index improved to 0.38% from 0.17%. The better tone of American stocks helped the pair to bounce from a weekly low. AUD/USD needs to advance beyond 0.7770 to become more attractive for bulls. The AUD/USD pair trades around 0.7750...

EUR/USD Current Price: 1.2031 Currencies followed equities amid the lack of macroeconomic news. The ECB will announce its latest monetary policy decision on Thursday. EUR/USD has chances of extending its advance, depends on the ECB. The EUR/USD pair bottomed at 1.1998 this Wednesday, but it...

AUD/USD Current Price: 0.7727 Australian Westpac Consumer Confidence printed at 6.2% in April up from 2.6% previously. Australia to publish March employment data, with 35K new jobs expected to have been added. AUD/USD turned bullish in the near-term and could keep rallying in the upcoming sessions...