Rabobank has raised its 6-month AUD/USD target from 0.66 to 0.67, and continues to favour buying dips in AUD/NZD below 1.14, targeting 1.15 into next year.
Scotiabank warned that “a break above the 1.4020–1.4025 area could propel the USD to new short-term highs above 1.41,” while noting near-term support around 1.3975 and 1.3890–1.3900. Current USD/CAD ...
The Pound (GBP), meanwhile, remained subdued as fiscal concerns continued to cap gains. Ongoing speculation that Chancellor ...
The Pound to Canadian Dollar ( GBP/CAD) exchange rate steadied on Thursday after a volatile week, holding just above ...
On the technical side, Scotiabank notes that GBP/USD remains bearish in the short term, but key support has been found at 1.3140, the low seen in May and August, and a major retracement level of the ...
The Pound to US Dollar ( GBP/USD) exchange rate extended losses on Wednesday after the Federal Reserve delivered a widely ...
The British Pound to Australian dollar exchange rate has fallen 0.77% to 2.0009, while the Australian dollar to euro (AUD/EUR ...
The Pound to Euro ( GBP/EUR) exchange rate tumbled to fresh lows around 1.138 on Tuesday, as renewed fiscal concerns in the ...
Fresh warnings from the Office for Budget Responsibility (OBR) that the UK faces a £20 billion fiscal shortfall continued to ...
The Pound to New Zealand Dollar ( GBP/NZD) exchange rate slipped on Tuesday as UK fiscal concerns intensified ahead of the ...
The Pound (GBP) came under pressure on Tuesday after the Office for Budget Responsibility (OBR) warned that the UK faces a ...
The Euro to Pound ( EUR/GBP) exchange rate climbed to 0.8785 (+0.58%), its highest level since 2023, as the pound weakened ...
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