USD/JPY Slides: Weak US CPI Weighs on Dollar, Yen Resilient
The Japanese Yen (JPY) staged a recovery against the US Dollar on Friday, pushing USD/JPY down to 152.85 from a…
Tag: US Dollar (USD)
EUR/USD remains pinned near lows as USD holds firm amid market caution
EUR/USD Struggles Near Multi-Week Lows Amid Global Market Turmoil The EUR/USD pair staged a modest recovery toward 1.1800 on Friday,…
EUR/USD Struggles to Gain Traction Despite Upbeat Eurozone Growth
The Euro (EUR) eased to 1.1915 on Friday, failing to capitalize on stronger-than-expected Q4 GDP growth from Germany and the…
Japanese Yen stays weak against USD as fiscal concerns neutralize hawkish BoJ stance
During Tuesday’s Asian session, the Japanese Yen (JPY) stayed on the defensive due to concerns regarding Japan’s fiscal stability, driven…
Gold hovers near record highs on safe-haven demand and weak dollar ahead of Fed meeting
Gold (XAU/USD) prices are pushing back toward the all-time high above $5,100 on Tuesday, attracting fresh buying interest after a…
AUD/USD rallies towards 0.6700 as US-EU tensions weigh on the Dollar
During Monday’s European trading session, the AUD/USD pair advanced 0.25%, rising to near the 0.6700 level. The Australian Dollar’s strength…
Sterling advances against a softer US Dollar; focus shifts to upcoming UK data
During Monday’s European trading session, the Pound Sterling (GBP) gained 0.15% against the US Dollar (USD), trading near the 1.3400…
USD/JPY slips below 159.00 as market attention turns to US Retail Sales and PPI
The Japanese Yen is clawing back some ground on Wednesday as the US Dollar’s recent recovery loses momentum. The USD/JPY…
AUD/USD Finds Strong Buying Support Near the 20-Day EMA
The AUD/USD pair rallied 0.35% to trade near 0.6710 during Monday’s European session. The Aussie dollar posted sharp gains as…
Sterling outperforms as concerns over Fed’s independence resurface
The Pound Sterling (GBP) staged a significant recovery on Monday during the European session, rebounding from an opening low near…