Australian Dollar rises to two-week highs following strong CPI data
Here’s what you need to know on Thursday, February 26th. The Australian dollar (AUD) jumped to nearly a two-week high after a surprising inflation report for January, which has sparked hopes for additional interest rate increases by the Reserve Bank of Australia (RBA). In the midst of some uncertainty surrounding US trade policy, the US […]
EUR/USD stays close to two-week lows in cautious markets
The euro (EUR) saw an uptick against the US dollar (USD) on Friday, hovering around 1.1800 after touching a two-week low of 1.1765 earlier in the day. As stock markets dipped, there was a heightened sense of risk aversion, bolstering the safe-haven US dollar, and in Europe, disappointing figures from German industrial production contributed to […]
Japanese Yen drops to a two-week low close to 157.00 before Japan’s snap election
USD/JPY Movement and Economic Outlook The USD/JPY pair picked up steam in early Asian trading on Friday, reaching a two-week high close to 157.00. Meanwhile, the Japanese yen (JPY) is facing selling pressure against the US dollar (USD), particularly leading up to the snap election on Sunday. In other news, the preliminary figures for the […]
ICE detains 650 undocumented immigrants in West Virginia during two-week operation
ICE Operation Results in Over 650 Arrests in West Virginia Immigration and Customs Enforcement (ICE) agents have apprehended more than 650 undocumented immigrants in West Virginia during a two-week operation that, interestingly, took place without any protests. This operation was carried out in collaboration with local law enforcement, as federal authorities revealed on Sunday. According […]
Gervonta ‘Tank’ Davis taken into custody following a two-week search.
Gervonta “Tank” Davis Taken Into Custody The search for boxing champion Gervonta “Tank” Davis has concluded. Authorities apprehended him in Miami’s Design District on Wednesday, which came two weeks after an arrest warrant was issued, according to a post from Miami Gardens police. The charges relate to an incident that reportedly occurred on October 27, […]
USD/JPY continues to decline, reaching new two-week lows around 154.50
Market Update: USD/JPY Trends In the early hours of Thursday’s Asian trading, the USD/JPY made an attempt to recover, reaching a peak of 155.50. However, as European trading unfolded, it shifted back into a more downward trend, breaking below Monday’s low of 154.65 and eventually hitting a two-week low around 154.50. Bank of Japan Governor […]
EUR/USD rises slightly from two-week lows as markets stabilize
The EUR/USD exchange rate managed to recover some of the losses it incurred last week. Currently, it’s trading below 1.1530 after bouncing back from 1.1490 on Friday, bolstered by a calm start to the week that seems to be enhancing risk appetite. Although business confidence took a hit in November, as reported by Germany’s Ifo […]
EUR/USD Price Prediction: Moves carefully close to a two-week low near 1.1570
EUR/USD is cautiously hovering around a two-week low of 1.1570 in the early hours of Friday trading in Europe. Major currency pairs seem to be having a tough time gaining traction, while the US dollar remains strong, buoyed by several factors: the Federal Reserve’s shift away from dovish expectations and improving US-China trade relations. As […]
Dollar reaches a two-week peak against yen ahead of trade discussions and Fed meeting
TOKYO – U.S. Dollar Hits Two-Week High Against Yen The U.S. dollar climbed to a two-week high against the yen on Monday, marking the start of a busy week filled with global trade discussions and central bank meetings. President Donald Trump is set to visit Japan on Monday, where he will engage in a summit […]
EUR/USD pulls back from a two-week peak as Trump softens tariff threats
The euro (EUR) declined against the US dollar (USD) on Friday, breaking a three-day rise. As of now, EUR/USD is around 1.1663, sliding down from a two-week peak earlier that day. On the flip side, the US Dollar Index (DXY), which measures the dollar’s performance against a selection of six major currencies, rebounded from several […]