JPY Gains as Safe-Haven Demand and Policy Divergence Weigh on USD/JPY
The Japanese Yen (JPY) resumed its upward trajectory against the US Dollar (USD) on Tuesday, recovering from early intraday losses and marking its third straight…
Posts Tagged: FOMC meeting
NZD/USD Recovers Near 200-Day SMA Amid Chinese Data, Dollar Dynamics
The NZD/USD currency pair showed signs of support near the crucial 200-day Simple Moving Average (SMA) and saw a modest rebound from a recent low…
Australian Dollar Holds Strong Amid Hawkish RBA, Positive Risk Sentiment
The Australian dollar remains resilient, trading near 0.6740 on Thursday, supported by improved risk appetite and the Reserve Bank of Australia’s (RBA) hawkish stance. Despite…
NZD/USD Slides as Weak New Zealand Jobs Data and China’s PMI Dampen Kiwi, USD Supported by Fed Expectations
The NZD/USD pair is facing consistent selling pressure for the second consecutive day, slipping below the 0.5800 level during the Asian session. The primary factors…
NZD/USD Slides as Weak New Zealand Jobs Data and China’s PMI Dampen Kiwi, USD Supported by Fed Expectations
The NZD/USD pair is facing consistent selling pressure for the second consecutive day, slipping below the 0.5800 level during the Asian session. The primary factors…
AUD/USD Slides to 0.6300 as China’s Manufacturing PMI Contracts, Dollar Gains Ahead of US Data and Fed
AUD/USD is sliding toward 0.6300 as China’s Caixin Manufacturing PMI unexpectedly dipped to 49.5 in October, prompting slowdown fears. Despite contradicting mood and ahead of…
USD/JPY Retreats from YTD High as BoJ-Fed Policy Divergence and Intervention Fears Linger
After reaching its highest level since November 2022 on Friday, near 144.45, the USD/JPY has paused its intraday decline. The spot price range is relatively…
AUD/USD Pair’s Recovery Falters Near 0.6620 Amidst Weakening Confidence in Aussie Asset
IN THE EARLY EUROPEAN SESSION, the AUD/USD currency pair has displayed a less confident recovery from its steep drop to aroun session. The Australian dollar…