US Dollar
FX News GBP/USD Slips as Strong U.S. Inflation Supports Dollar
GBP/USD has seen a decline as the US Dollar maintains its strength, following July’s PCE inflation rate, which accelerated to 0.2%, surpassing market expectations. Oil prices declined following…
FX News USD/CHF Steady as Hotter Inflation Lifts Fed Hike Bets
USD/CHF remains steady following robust inflation data that bolsters expectations for an additional rate hike by the Federal Reserve. Diplomatic progress between Iran and Oman alleviates tensions in…
FX News AUD/USD Rises as RBA Rate Hike Bets Strengthen
AUD/USD remains resilient amid increasing expectations for rate hikes from the RBA, even in the face of disappointing capital expenditure figures. Hotter July inflation has led major banks…
FX News EUR/USD Rises on Stronger ECB Rate Hike Expectations
EUR/USD records slight increases around 1.1655 during the early hours of Thursday’s Asian session. Money markets are preparing for a more aggressive stance from the ECB. Fed Chairman…
FX News AUD/USD Rises on Strong Australian Inflation Data
AUD strengthens following Australia’s July CPI, which registered a 3.5% year-over-year increase, surpassing the anticipated 3.2% despite a decline from June’s 3.8%. Australia’s July CPI experienced a month-on-month…
FX News GBP/USD Slips Ahead of U.S. PCE Data
GBP/USD drifts lower to around 1.3625 in Wednesday’s early European session. Traders brace for the release of US PCE data for July later on Wednesday. Expectations of a…
FX News USD/JPY Slips as Treasury Buybacks Support Yen Ahead of US PCE Data
USD/JPY has softened to approximately 158.90 during the Asian session on Wednesday. The Treasury could utilise its General Account to assist in financing government bond acquisitions. The majority…
FX News EUR/USD Holds Near 1.1675 Ahead of US PCE Inflation Data
EUR/USD remains stable at approximately 1.1675 during the early hours of Wednesday’s Asian session. US Treasury buybacks may exert downward pressure on the US Dollar, as traders prepare…
FX News USD/JPY Approaches 160 as Yen Weakness Persists
The USD/JPY appreciates for the second consecutive day, achieving session highs exceeding 153.30. Market volatility remains subdued as investors anticipate significant macroeconomic events in the latter half of…
FX News AUD/USD Rises as RBA Signals Potential Rate Hikes
The RBA maintains a willingness to consider rate hikes should inflationary pressures from oil and data centers emerge significantly. US Treasury Secretary Bessent’s proposed $1 trillion bond buyback…
FX News EUR/USD Rises as ECB Rate Hike Bets Strengthen
The Euro appreciates as increasing oil prices, elevated bond yields, and tensions in the Middle East bolster expectations for a rate hike by the ECB in September. The…
FX News AUD/USD Climbs as Treasury Buyback Plans Weigh on Dollar
AUD/USD appreciates, approaching 0.7175 in the early hours of Monday’s Asian session. Treasury buyback concerns exert pressure on the US Dollar. An Iranian official characterised the prospect of…
