USD/JPY Holds Near 154.00 as Fed Minutes and Japan Outlook Diverge
The US Dollar maintains a mildly positive bias against the Japanese Yen this week, with USD/JPY trading in the upper 153.00s on Wednesday. Despite the…
Posts Tagged: US inflation
New Zealand Dollar Climbs Toward 0.6000 as Risk Appetite Improves and USD Weakens
The New Zealand Dollar (NZD) continued its upward momentum on Wednesday, pushing past resistance at 0.5970—levels previously seen on July 29 and August 8—and edging…
NZD/USD Eyes Recovery Ahead of Crucial US CPI Data Release
The NZD/USD pair is recovering its recent losses, trading around 0.6090 during the European session on Thursday. This movement comes as traders eagerly anticipate the…
GBP/USD Rises Above 1.2700 as UK Inflation Declines, BoE Decision Eyed
The Pound Sterling (GBP) edged higher on Wednesday, surpassing the key resistance level of 1.2700, following data from the UK Office for National Statistics (ONS)…
USD/JPY Range-Bound Amid Mixed Global Markets, Inflation Speculations
On Thursday, global equity markets closed with mixed results in Europe and Asia, while US markets remained shuttered for the Thanksgiving holiday. This led to…
NZD/USD Rises Above 0.5900 As Market Sentiment Improves, Despite Mixed Chinese Inflation Data
New Zealand versus the US dollar stabilized in the late European session, above the 0.5900 round number barrier. As market confidence increases and China’s deflation…
USD/CAD Recovers Over 1.3370 As Apprehension Rises Ahead of US CPI Data
The USD/CAD currency pair went up after it hit 1.3340 in Tokyo. Before the US Consumer Price Index (CPI) report, investors are nervous, so they…
GBP/USD Holds Around Weekly High After November’s Greatest Monthly Gain Since July 2020
The GBP/USD currency pair buyers celebrate broad-based US dollar decline early Thursday, driving GBP/USD near the weekly peak. 1.2100 before UK/US figures. Jerome Powell’s…