USD/JPY Holds Firm Near Multi-Decade Highs as Dollar Strength Offsets Yen Support Efforts
USD/JPY traded in a narrow range on Friday, remaining close to its highest levels in decades as the Japanese Yen continued to face pressure from…
Posts Tagged: PCE inflation
Canadian Dollar Strengthens as Solid Domestic Data Supports BoC Stability Outlook
The Canadian Dollar continued to firm against the US Dollar on Monday, building on last week’s momentum as markets lean toward the Loonie ahead of…
EUR/USD Holds Near Two-Week Highs as Markets Weigh US Manufacturing Data
The Euro is steady against the US Dollar on Monday, with EUR/USD trading around 1.1631 after touching two-week highs earlier in the session. The pair…
NZD/USD Stalls Below Weekly Highs as Traders Await Key US GDP and PCE Data
The New Zealand Dollar (NZD) is holding steady against the US Dollar (USD) on Thursday, trading just below the weekly high near 0.5875. Investors remain…
USD/CAD Rises After PCE Inflation, US-China Trade Deal
The US dollar strengthened against the loonie to finish a raucous trading week. The greenback, which is down 10% this year against a weighted basket…
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…
NZD/USD Seeks Direction Ahead of RBNZ Meeting Amid Global Economic Indicators
In Asian trading on Monday, the NZD/USD currency pair broke its two-day winning streak. Investors are waiting for the RBNZ monetary policy meeting to confirm…