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…
The Japanese Yen turns lower against the USD, though the downside seems limited. Bets that the BoJ will hike rates again and safe-haven buying could…
The Japanese Yen scales higher against a weaker USD for the third straight day on Monday. The divergent BoJ-Fed policy expectations and reviving safe-haven demand…