US Dollar
FX News USD/JPY Holds Steady as Traders Await Fed and BoJ Decisions
USD/JPY remains stable, hovering around 155.25 during the early hours of Wednesday’s Asian session. The Federal Reserve is anticipated to increase the benchmark overnight interest rate by 25…
FX News USD/CAD Tests Resistance as Bulls Eye Breakout
USD/CAD is currently testing the immediate resistance level represented by the 50-day EMA at 1.3914. The 14-day Relative Strength Index is positioned around 54, indicating potential for a…
FX News GBP/USD Falls as Fed Rate Hike Bets Strengthen Dollar
GBP/USD softens to near 1.3490 in Tuesday’s early Asian session. The Federal Reserve is anticipated to increase interest rates by 25 basis points during its policy meeting on…
FX News USD/JPY Rises as Fed Rate Hike Bets Outpace Yen Support
USD/JPY advances to approximately 154.55 during the early hours of Tuesday’s Asian session. Traders prepare for the Federal Reserve’s initial interest rate increase in over two years. The…
FX News USD/CHF Rises as Fed Rate Hike Bets Strengthen Dollar
The US Dollar Index has shown resilience as market participants assign an 87% likelihood to a quarter-point rate increase, driven by robust inflation figures. The Swiss Franc faces…
FX News USD/CAD Falls as Rising Oil Prices Support Canadian Dollar
Increasing crude oil prices approaching four-month peaks offer robust fundamental backing to the commodity-linked Canadian Dollar. Saudi pipeline shutdowns and postponed discussions regarding regional shipping corridors continue to…
FX News EUR/USD Falls as Fed Rate Hike Bets Strengthen
The EUR/USD pair has experienced a decline, trading at approximately 1.1585 during the early hours of the Asian session on Monday. Traders are intensifying their expectations that the…
FX News AUD/USD Falls as Strong US Inflation Boosts Dollar
AUD/USD softens to near 0.7160 in the early hours of Monday’s Asian session. US CPI accelerated in August, reinforcing expectations that the Federal Reserve will raise interest rates…
FX News USD/CAD Rises as Canadian Dollar Faces Oil Price Pressure
USD/CAD appreciates as the commodity-linked Canadian Dollar faces challenges stemming from declining oil prices. Crude oil prices are likely to recover as recent strikes on tankers and warships…
FX News USD/CHF Rises as Fed Rate Hike Bets Strengthen Dollar
The USD/CHF pair appreciates as increasing expectations for a September Federal Reserve rate hike bolster the US Dollar. In August, the US Producer Price Index experienced a year-over-year…
FX News AUD/USD Falls as Strong US Inflation Boosts Dollar
AUD/USD declines to approximately 0.7155 during the Asian session on Friday. Traders are increasing their positions on a potential rate hike in the US for September, driven by…
FX News GBP/USD Holds Steady as Traders Await US Inflation Data
GBP/USD remains stable at approximately 1.3510 during the early Asian session on Friday. The US Producer Price Index increased by 5.4% year-over-year in August, surpassing expectations. BoE’s Bailey…
