USD/JPY Recovers as Soft US CPI Reduces Fed Hike Bets While Intervention Risks Limit Yen Weakness
The Japanese Yen (JPY) surrendered part of its recent gains against the US Dollar (USD) on Wednesday after the latest US inflation figures failed to…
Posts Tagged: Consumer Price Index (CPI)
Swiss Franc Strengthens Against US Dollar Amid Weak US Data, Fed Outlook
The Swiss Franc (CHF) advanced against the US Dollar (USD) on Wednesday, with the USD/CHF pair slipping nearly 0.18% to trade around 0.8078. The Greenback…
USD/CHF Eases From Intraday High as US Dollar Recovery Loses Momentum Ahead of Swiss CPI
USD/CHF gave back part of its earlier gains on Friday, trading around 0.8086 after touching an intraday high of 0.8128. Although the pair remained about…
AUD/USD Pulls Back Below 0.7000 Ahead of Australian Inflation and Crucial Fed Policy Decision
AUD/USD eased to around 0.6990 on Monday after briefly climbing to an intraday high of 0.7011 during the Asian session. Despite the modest retreat, the…
Australian Dollar Holds Above 0.7000 Despite Stronger US Dollar, Middle East Tensions
The Australian Dollar traded slightly lower against the US Dollar on Tuesday, with AUD/USD hovering near the 0.7010 level after retreating from a four-week high….
Euro Slips Against Dollar as Weak Eurozone Output Offsets Softer US Inflation and Fed Outlook
The Euro (EUR) retreated against the US Dollar (USD) on Wednesday after disappointing Eurozone economic data erased earlier gains. The EUR/USD pair slipped back toward…
AUD/USD Climbs Toward 0.6960 as Softer US Dollar and Stronger Yuan Lift Australian Dollar
The Australian Dollar (AUD) extended its recovery against the US Dollar (USD) on Friday, with AUD/USD advancing toward the 0.6960 region as a weaker Greenback…
British Pound Holds Firm as Fed Rate Expectations Shift, Keeping GBP/USD Near Weekly Highs
The British Pound (GBP) traded steadily against the US Dollar (USD) on Friday, while remaining on course to post a weekly gain of more than…