US Dollar
FX News USD/CAD Dips as Weak US Inflation Hits Dollar
USD/CAD experiences a decline as the US Dollar weakens in response to subdued US inflation figures, with attention now turning to the Retail Sales data scheduled for release…
FX News USD/JPY Holds Near 159.40 as Traders Watch for BoJ Intervention Risk
USD/JPY stabilises near 159.40 during the Asian trading session on Thursday. Traders maintain a heightened level of vigilance regarding potential additional currency intervention. Some members of the Bank…
FX News USD/CAD Holds Near 1.3940 as Oil Demand Forecasts Weigh on CAD
The weakened US Dollar mitigates the effects of declining oil prices, resulting in a relatively stable CAD exchange rate. In July, the US Consumer Price Index inflation decreased…
FX News EUR/USD Rises as Softer US Inflation Weighs on Dollar
The EUR/USD pair experiences an uptick as the US Dollar faces challenges due to a moderation in US inflation for July, which in turn diminishes expectations for a…
FX News GBP/USD Edges Higher Ahead of UK GDP and US PPI Data
GBP/USD is experiencing modest gains, hovering around 1.3500 during the early hours of Thursday’s Asian session. US CPI inflation exhibited modest levels in July, leading to a reduction…
FX News EUR/USD Holds Near 1.1550 Ahead of Key US Inflation Data
EUR/USD remains positioned beneath 1.1550 following a retreat from the previous week’s peak at 1.1580. Robust inflation in Germany has not bolstered the Euro, as apprehensions regarding escalating…
FX News USD/JPY Slips as Yen Gains Ahead of US CPI Data
The yen remains cautious beneath the 159.00 mark as market participants await the forthcoming US inflation data. US CPI data is anticipated to indicate a reduction in inflationary…
FX News GBP/USD Slips as Dollar Strengthens Ahead of Key US Inflation Data
Markets exhibit a divergence of opinions regarding a potential Fed rate hike in September, particularly in anticipation of significant inflation data releases. Rising oil prices and shifting diplomatic…
FX News AUD/USD Falls as Fed Rate-Hike Bets Ease Before US Inflation Data
AUD/USD experiences a decline as market participants exhibit a lack of consensus regarding a potential Federal Reserve rate increase in September, particularly in light of upcoming crucial inflation…
FX News USD/CHF Rises as Oil Rally and Fed Rate Hike Bets Lift Dollar
USD/CHF rises as the US Dollar recovers losses following an oil rally spurred by geopolitical tensions. Increasing energy prices and Treasury yields have heightened concerns regarding potential early…
FX News USD/JPY Holds Near 159 as Yen Intervention Risks Rise
The Japanese Yen remains stable during the Mountain Day holiday as markets consider the possibility of intervention in the context of limited liquidity. The BoJ may raise rates…
FX News AUD/USD Rises Ahead of RBA Rate Decision
AUD/USD experiences an uptick as a robust Australian Dollar finds support in anticipation of the Reserve Bank of Australia’s forthcoming interest rate decision. The RBA is widely anticipated…
