finance

EUR/USD FX Strategists at UOB Group noted EUR/USD now moved into a consolidative phase, likely between 1.1555 and 1.1670 in the next weeks. GBP/USD In opinion of FX Strategists at UOB Group, GBP/USD should keep navigating between 1.3690 and 1.3840 for the next weeks. USD/JPY According to FX Strategists at UOB Group, USD/JPY is forecast to keep the consolidative mood well and sound for the time being and likely within the 113.20-114.70 range. AUD/USD AUD/USD extends previous day’s rebound, refreshes weekly high. NZD/USD The buying interest is seen fading

EUR/USD In the view of the analysts at JP Morgan, EUR/USD is foreseen at 1.1400 by December and 1.1200 next year. GBP/USD GBP/USD remains firm on the first trading day of the week in the early European session. The pair managed to gather momentum following the previous two session’s fall-off. USD/JPY USD/JPY moves lower for the fourth straight day on Monday following the consistent downward pressure on the US dollar. AUD/USD AUD/JPY edges higher on Monday following the previous session’s downside momentum. NZD/USD NZD/USD holds in the daily support

EUR/USD According to FX Strategists at UOB Group, EUR/USD could attempt some consolidation ahead of a probable move to 1.1680. GBP/USD Cable’s performance remains solid and a test of 1.3850 remains on the table in the next weeks, suggested FX Strategists at UOB Group. USD/JPY USD/JPY has rallied with the yen unable to benefit from risk aversion of late because higher oil prices and higher bond yields are encouraging yen shorts to stick to the game plan. AUD/USD AUD/USD refreshes multi-day top on crossing the key resistance

EUR/USD In opinion of FX Strategists at UOB Group, EUR/USD could be headed to the 1.1680 level in the next weeks. GBP/USD The outlook for Cable remains constructive with the next target at 1.3850 and beyond in the short-term horizon, suggested FX Strategists at UOB Group. USD/JPY UOB Group’s FX Strategists remain of the view that USD/JPY still targets the 115.00 level in the near term. AUD/USD AUD/USD’s rally has reached the 55-week ma at 0.7516, an interim target. Karen Jones, Team Head FICC Technical Analysis Research

EUR/USD According to FX Strategists at UOB Group, EUR/USD could attempt some consolidation ahead of a probable move to 1.1680. GBP/USD Cable’s performance remains solid and a test of 1.3850 remains on the table in the next weeks, suggested FX Strategists at UOB Group. USD/JPY USD/JPY has rallied with the yen unable to benefit from risk aversion of late because higher oil prices and higher bond yields are encouraging yen shorts to stick to the game plan. AUD/USD AUD/USD refreshes multi-day top on crossing the key resistance

EUR/USD FX Strategists at UOB Group still remain of the view that EUR/USD could extend the upside momentum in the next weeks. GBP/USD In opinion of FX Strategists at UOB Group, Cable could edge higher and re-visit 1.3800 ahead of 1.3850 in the short-term horizon. USD/JPY USD/JPY could move into a consolidative phase in the near term ahead of a probable move to 115.00, noted FX Strategists at UOB Group. AUD/USD AUD/USD caught some fresh bids on Tuesday amid a broad-based USD weakness. NZD/USD Further upside in NZD/USD is expected

EUR/USD In opinion of FX Strategists at UOB Group, EUR/USD is stil expected to attempt s move to 1.1640 in the next weeks. GBP/USD Cable is predicted to move into a consolidative phase in the next weeks, noted FX Strategists at UOB Group. USD/JPY USD/JPY stalls the upside amid risk-off mood, awaits US data. Having tested three-year highs of 114.46 in early Asia, USD/JPY is consolidating above 114.00, as the bulls take a breather before resuming the upside momentum. AUD/USD AUD/USD faces some consolidative mood in the

EUR/USD EUR/USD has reached the near-term downtrend at 1.1620. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to reach the 1.1756 four-month downtrend. GBP/USD GBP/USD climbed to multi-week highs above 1.3700 on Thursday. As the cable seems to have gone into a consolidation phase below that level, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to stay below the downtrend at 1.3811. USD/JPY The current upside bias in USD/JPY carries the potential to extend beyond

EUR/USD FX Strategists at UOB Group now believe EUR/USD could be headed towards the 1.1640 level in the near term. GBP/USD Cable’s upside could reach 1.3715 ahead of 1.3750 in the next weeks, suggested FX Strategists at UOB Group. USD/JPY The USD/JPY pair climbed back above mid-113.00s during the Asian session and reversed a major part of the previous day’s profit-taking slide from multi-year tops. AUD/USD The AUD/USD pair surrendered modest Asian session gains to over one-month tops and was last seen trading in the neutral territory,

EUR/USD In opinion of FX Strategists at UOB Group, EUR/USD risks a deeper pullback on a breach below the 1.1500 mark. GBP/USD The UK GDP monthly release showed that the economy expanded less-than-expected in August, arriving at 0.4% vs. 0.5% expectations and 0.1% previous. Meanwhile, the Index of Services (August) came in at 3.7% 3M/3M vs. 1.2% expected and 5.2% prior. USD/JPY FX Strategists at UOB Group noted USD/JPY could extend the current upside momentum to levels past the 114.00 yardstick. AUD/USD The cautious policy stance of the