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: federal reserve
GBP/USD Consolidates Near 1.3500 as Traders Await US Inflation, UK Growth Data
The GBP/USD currency pair remained confined to a narrow range around the psychological 1.3500 level during Wednesday’s European session as traders avoid taking significant positions…
US Dollar Weakens After Economy Sheds 23,000 Jobs in July
The US dollar weakened at the end of the trading week as investors adjusted their expectations for Federal Reserve policy following the July jobs report….
EUR/USD Climbs as Weak US Jobs Data Offsets Geopolitical Risks and ECB Caution
EUR/USD rebounded strongly on Friday, recovering Thursday’s losses and climbing toward the 1.1560 area, its highest level in nearly two months. The pair’s advance was…
NZD/USD Slips Toward 0.5860 as Weak Chinese Data and Stronger US Dollar Weigh on Kiwi
The NZD/USD pair traded around 0.5860 on Friday, declining roughly 0.33% as renewed weakness in China’s economic activity weighed on the New Zealand Dollar. The…
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…
GBP/USD Holds Near 1.3460 as Softer Fed Outlook Limits US Dollar Recovery
The British Pound traded little changed against the US Dollar on Friday, with GBP/USD hovering around 1.3458 as the Greenback attempted to recover following a…
AUD/USD Slips Near 0.7020 as Weak China PMI and Hawkish Fed Support US Dollar
The AUD/USD pair traded around the 0.7020 level during Friday’s American session, remaining under modest selling pressure as weaker-than-expected economic data from China overshadowed stronger…