US Dollar
FX News USD/JPY Rebounds Toward 158 as Fed Holds Rates Steady
USD/JPY experiences a rebound as the Federal Reserve holds interest rates steady, despite two dissenting votes advocating for a 25-basis point increase. Robust earnings from the AI sector,…
FX News AUD/USD Climbs as Hot Inflation Fuels RBA Rate Hike Bets
AUD/USD drifts higher to approximately 0.7055 in Thursday’s Asian session. Market expectations for an RBA rate hike surged to 82% in response to robust CPI data. The Federal…
FX News EUR/USD Slips as ECB Weighs Further Rate Hikes
The ECB is anticipated to maintain its deposit rate at 2.50% during the meeting on Thursday. Energy-driven price pressures sustain investor expectations for a potential rate hike by…
FX News USD/CHF Tests 0.8320 as Fed Uncertainty Supports Dollar
USD/CHF exhibits minimal movement as the US Dollar remains stagnant in the face of uncertainty regarding the Federal Reserve’s outlook. The Fed opted to maintain its current interest…
FX News USD/CAD Tests Key Resistance as Traders Await Bank of Canada Decision
USD/CAD may decline toward the lower boundary of the falling wedge, approximately 1.3950. The 14-day Relative Strength Index remains at approximately 45, indicating a prevailing bearish momentum. The…
FX News GBP/USD Slides as UK Budget and Fed Decision Loom
GBP/USD continues to decline, approaching the 1.3300 mark during the Asian session on Wednesday. The UK Finance Minister is set to present his inaugural budget on Wednesday, amid…
FX News EUR/USD Faces Pressure Ahead of Key Central Bank Decisions
EUR/USD remains stable at approximately 1.1125 during the early Asian session on Wednesday. The Fed is expected to maintain the benchmark rates at their current level during the…
FX News Dollar Gains as Swiss Franc Faces Safe-Haven Demand
USD/CHF inches higher as a stronger US Dollar holds firm, backed by caution before Wednesday’s Fed rate decision. Markets anticipate a pause in the Federal Reserve’s interest rate…
FX News USD/CAD Rises Ahead of Fed and BoC Decisions as Oil Prices Fall
USD/CAD advances ahead of Fed and BoC rate decisions, bolstered by prevailing market caution. Markets are currently reflecting an 89.5% probability of a pause in the Federal Reserve’s…
FX News AUD/USD Nears 0.7030 on RBA Inflation Warnings
AUD/USD edges higher to approximately 0.7025 during Tuesday’s Asian session. RBA’s Hunter indicates that the central bank is “not quite yet” finished addressing inflation. On Wednesday, attention will…
FX News EUR/USD Slips Toward 1.1170 as Fed and ECB Decisions Loom
EUR/USD softens to approximately 1.1170 during the early Asian session on Tuesday. Traders are poised for the upcoming Federal Reserve and European Central Bank policy meetings later this…
FX News EUR/USD Recovers to 1.1220 as French Unrest Limits Euro Gains
The EUR/USD pair appreciates to approximately 1.1220 during the early hours of the Asian session on Monday. France’s debt and political concerns may limit the potential appreciation of…
