Daily Forex Update
FX News AUD/USD Soars on Robust Jobs and Inflation Data RBA Alert
Australia’s ANZ–Indeed Job Ads increased by 2.0% in July, reflecting widespread robustness across various states and sectors. The TD-MI Inflation Gauge experienced a notable increase of 1.0% in…
FX News USD/JPY Slips as U.S.-Japan Intervention Supports Yen
USD/JPY weakens to near 157.40 in Tuesday’s early Asian session. The coordinated intervention between the US and Japan bolsters the Japanese Yen. The US July jobs report will…
FX News Falling Oil Prices Lift USD/CAD Above 1.40
USD/CAD advances to approximately 1.4030 during the early European session on Monday. Trump announced that new discussions with Iran would commence on Monday. Market participants will be paying…
FX News USD/JPY Falls Toward 156 as U.S.-Japan Intervention Boosts Yen
USD/JPY declines to approximately 156.45 during the early European session on Monday. Japan and the US have confirmed a joint intervention to buy JPY, indicating the possibility of…
FX News GBP/USD Slips Despite Softer US Dollar
GBP/USD declines even with a softer US Dollar, as Trump’s halted strikes have enhanced diplomatic prospects between the US and Iran. President Trump indicated that nations in the…
FX News USD/CHF Rises as Weak Swiss Retail Sales Weigh on Franc
Swiss Franc retains its losses as the June Real Retail Sales data reported at 1.5%, falling short of the anticipated 3.1%. The US Dollar strengthened as traders exercise…
FX News GBP/USD Falls as Hawkish Fed Supports US Dollar
GBP/USD declines as a hawkish Federal Reserve pause and internal FOMC divisions strengthen the US Dollar. The Greenback may face challenges as easing risk aversion is influenced by…
FX News EUR/USD Slips as Fed Hawkish Hold Boosts US Dollar
EUR/USD experiences slight declines, hovering around 1.1465 during the early hours of Thursday’s Asian session. While the Fed maintained its interest rates at the July meeting, Warsh asserted…
FX News USD/JPY Edges Up as Hawkish Fed Supports Greenback
USD/JPY edges higher to around 163.50 in Thursday’s Asian session. The Federal Reserve voted 9–3 to maintain its benchmark interest rate within the target range of 3.50% to…
FX News EUR/USD Falls to Monthly Low as Fed Rate Hike Bets Boost Dollar
EUR/USD reaches new monthly lows beneath 1.1360, approaching 13-month lows at 1.1324. A subdued risk appetite in the context of declining oil prices has not been sufficient to…
FX News EUR/USD Holds Near Monthly Low Ahead of Fed Rate Decision
EUR/USD commences the last week of July at 1.1369. Friday’s modest decline in energy prices diminished expectations that the Federal Reserve might raise rates as soon as its…
FX News EUR/USD Rises as Dollar Faces Inflation Concerns
The EUR/USD pair is experiencing an upward movement as market participants look forward to the forthcoming interest rate decision from the European Central Bank. The ECB is anticipated…
