The US Dollar extends its recovery for the second consecutive day, supported by strong US data. Upbeat US business activity and Jobless Claims support the…
The Euro retreats further with the US Dollar rallying as traders’ gaze shifts to the Fed. The upbeat US macroeconomic figures offset the impact of…
USD/CAD rises as Fed Powell’s comments at the ECB Forum raise expectations of a rate cut in September. Fed Chair Powell: “As long as the…
The Japanese Yen strengthens as BoJ’s Tankan Survey reaffirms rate hike bets. The risk-on mood and stalled US-Japan trade talks act as a headwind for…
The Japanese Yen (JPY) is weak, down 0.5% against the US Dollar (USD) and underperforming all of the G10 currencies in relatively quiet trade overall,…
Federal Reserve Chair Jerome Powell testified before Congress, emphasizing the Fed’s data-dependent approach. Israel-Iran ceasefire reduces demand for safe-haven assets, contributing to a weaker US…
Gold holds firm as traders balance safe-haven flows and Fed interest rate outlook. US-Iran tensions, Fed’s data-dependent stance, and Oil supply risks in the spotlight.…
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions. BoJ is expected to hold rates steady, limiting support…
Euro gains as Sino-US trade talks ease tensions and ECB officials signal limited rate cuts ahead. ECB’s Kazimir and Schnabel push back on extended easing…
As expected, the ECB lowered its interest rates by another 25 basis points to 2.0% yesterday. However, the exchange rate only really started to move…