Forex Today: US Dollar consolidates losses as focus shifts to US data
Here is what you need to know on Tuesday, February 27: The US Dollar struggles to stay resilient against its major rivals early Tuesday.
Source: fxstreet.com
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GBP/JPY sticks to warmer Japan CPI-inspired losses, around mid-190.00s
The GBP/JPY cross comes under some selling pressure on Tuesday and snaps a five-day winning streak to its highest level since August 2015, near the 191.30 region touched the previous day.
Source: fxstreet.com
Forex Today: Attention remains on US PCE and Fed officials
Markets seem to have entered a consolidative theme ahead of key data releases on both sides of the ocean, while Fed speakers and ECB officials equally appear aligned behind the idea of cutting rates later than the majority of investors anticipate.
Source: fxstreet.com
EUR/JPY Price Analysis: Retreats amid speculation of BoJ hike, technicals signal potential downside
The EUR/JPY is dropping late in the North American session, set to register losses of around 0.17% on Tuesday.
Source: fxstreet.com
NZD/JPY Price Analysis: Subtle cues in momentum shifts emerge, bulls still in charge
In Tuesday's session, the NZD/JPY pair is seen at 92.87, trading with a slight loss of 0.10%.
Source: fxstreet.com