AUD/USD Pulls Back Below 0.7000 Ahead of Australian Inflation and Crucial Fed Policy Decision
AUD/USD eased to around 0.6990 on Monday after briefly climbing to an intraday high of 0.7011 during the Asian session. Despite the modest retreat, the…
Posts Tagged: US Personal Consumption Expenditures (PCE)
Canadian Dollar Eases as Stronger US Dollar, Oil Weakness Limit Further Gains
The Canadian Dollar (CAD) gave back part of its intraday gains on Friday as renewed geopolitical uncertainty in the Middle East and expectations that the…
USD/JPY Declines on Safe-Haven Yen Demand, Softer US Dollar
The USD/JPY pair remains under notable intraday pressure during Monday’s Asian trading hours, although it has managed to hold above the key psychological level of…
Japanese Yen Strengthens as US Dollar Weakens Amid Shutdown Fears, BoJ Hawkish Signals
The Japanese Yen (JPY) extended its advance against the US Dollar (USD) on Monday, with USD/JPY falling to around 148.60, down nearly 0.60% intraday. This…
NZD/USD Rises on Strong China PMI Amid US Holiday, Trade Uncertainty
The New Zealand Dollar (NZD) edged higher against the US Dollar (USD) to around 0.5905 during Monday’s Asian session, supported by encouraging economic data…
USD/CHF Trades Near 13-Year Low as Fed Autonomy and Trade Uncertainty Weigh on Dollar
The USD/CHF pair continues to trade under pressure near the 0.8000 mark during the Asian session on Friday, hovering close to its lowest level in…
USD/JPY Dips as Yen Strengthens on Upbeat Data, Risk-Off Sentiment
The Japanese yen (JPY) is extending its recovery for the second consecutive session on Friday, rallying sharply from a two-week low against the US dollar…
EUR/USD Holds Near 1.1330 as Dollar Shorts Trimmed Ahead of Key US PCE Data
The EUR/USD pair has extended its corrective move, stabilizing around 1.1330 during Friday’s European session as traders reassess their bearish USD positions ahead of April’s…