USD/JPY Nearing Record Highs Amid Firm US Labor Data, Fed’s Rate Policy Caution
The USD/JPY pair is hovering close to historic peaks near 152.00, buoyed by robust private labor demand in the US and tempered expectations of Federal…
Posts Tagged: Fed Chair Jerome Powell’s
NZD/USD Gains Traction Amid Dovish Fed Stance, Upbeat Market Sentiment
The NZD/USD pair attracts buyers’ interest, rebounding from a modest correction near the key support level of 0.6200 in the early New York session. The…
Australian Dollar Soars to Four-Month Highs Amid Dovish Fed Outlook
The Australian dollar (AUD) experienced a remarkable surge, hitting four-month highs against the US dollar as the Fed maintains a dovish outlook. Australia’s favorable economic…
NZD/USD Gains Slightly to 0.5920 Ahead of Fed Meeting, New Zealand Growth Data
The New Zealand dollar appreciated against the United States dollar for a second day in the early Asian session on Tuesday. As markets anticipate that…
USD/CAD Range-Bound as Oil Boosts Loonie, Traders Await FOMC Policy Meeting
The US dollar fell against the Canadian dollar last week to a two-week low, and the trend has continued this week. Spot prices have struggled…
NZD/USD Snaps Two-Day Losing Skid After FOMC Meeting
On Wednesday, buyers near 0.6170 stopped a two-day corrective drop from this week’s one-month high. Early in the European session, the pair is trading around…
USD/CAD Struggles to Generate Momentum, Fluctuates in Narrow Range
The USD/CAD currency pair had a slow start to the week and is moving around 1.3600 as the European session starts. The pair stays within…
AUD/USD Recovers Off Five-Week Lows Around 0.6850
Rates were raised by 25 basis points (bps) by the Reserve Bank of Australia (RBA) during the Asian session. This sent the Australian Dollar (AUD)…