GBP/USD Reverses Below 1.2700 Amid USD Pressure Post-Soft PCE Data
The GBP/USD currency pair slipped below 1.2700 in early European trading but reversed course and advanced above the key level as the US dollar faced…
Posts Tagged: forex. US Dollar Index (DXY)
EUR/USD Holds Ground Above 1.0850 Despite Dollar Struggles
The EUR/USD currency pair maintained a positive stance above 1.0850 in the American session on Wednesday as the US dollar faces challenges amid softer core…
JPY Weakens on Weaker Wage Growth; USD/JPY Hits Weekly High, Awaits US CPI Catalyst
The Japanese Yen weakens as domestic wage growth data disappoints, lifting the USD/JPY to a fresh weekly high. Subdued USD price action, uncertainty over the…
Japanese Yen Under Pressure Amid Earthquake Fallout, Policy Speculation
The Japanese yen faced a mild dip against the US dollar on Tuesday, influenced by a devastating earthquake in central Japan. Despite concerns, bets on…
AUD/USD Sells Near 0.6660 As DXY Defends 103.00
The AUD/USD currency pair has been under much pressure since it returned to about 0.6660 at the start of the European session. The US Dollar…