USD/CHF Holds Steady as Dollar Recovers While Fed Rate Expectations Stay in Focus
USD/CHF is on track to record its first weekly decline in five weeks after the US Dollar came under pressure following weaker-than-expected US Nonfarm Payrolls…
Posts Tagged: US ISM Services PMI
NZD/USD Dips Below 0.5900 Despite Strong Chinese Services Data, Eyes on Jobs Report
The New Zealand Dollar continues to lose ground on Tuesday, extending its retreat from Monday’s peak of 0.5930 to fall below the 0.5900 threshold. This…
US Dollar Recovers as Fed Remarks Support Rate Cut Bets; Oil-Driven CAD Remains Weak
On Monday, new data from the United States indicated a 4.8% decline in factory orders for June, primarily due to a notable reduction in aircraft…
USD/JPY Holds Above 147 as Yen Pressured by Politics, Fed Cut Bets Cap Dollar Upside
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Tuesday, allowing the USD/JPY pair to stay afloat above the 147.00 level…
AUD/USD Slips as USD Rebounds and RBA Rate Cut Expectations Weigh on Aussie
The AUD/USD pair is edging lower toward the 0.6450 level in early European trading on Tuesday, following a moderate recovery in the US Dollar. The…
USD/CHF Attempts Recovery, but Caution Prevails Amid Fed Rate Cut Bets
The USD/CHF pair finds support at the 0.9000 level, attracting dip buyers during the Asian session on Thursday. Spot prices trade around 0.9030, marking a…
USD/CHF Holds Firm Near 0.9090 Amid Hawkish Fed Sentiment and Swiss Disinflation Risks
The USD/CHF pair stabilizes around 0.9090 during Wednesday’s Asian session after building on gains from the prior day. The pair benefits from a stronger US…
USD/CAD Subdued Amid Trudeau Resignation Rumors, Oil Price Weakness
The USD/CAD pair trades subdued around 1.4310 during Tuesday’s European session, as the Canadian Dollar (CAD) finds support from reports about Prime Minister Justin Trudeau…