Japanese Yen slides back below 153.00 against USD amid BoJ rate-hike uncertainty – FXStreet
The yen fell after a Bank of Japan summary showed policymakers were divided on when to raise interest rates. Japan's Prime Minister Ishiba faces a leadership vote, adding to the uncertainty and weighing on the yen. President Trump's optimism continues to support the US dollar, further contributing to the USD/JPY pair's strength. The Japanese yen […]
Japanese Yen edges higher against USD amid intervention fears, lacks bullish conviction – FXStreet
The Japanese yen is supported due to concerns about the possibility of government intervention. The uncertainty of the Bank of Japan's rate hike and the risk-on environment should limit the value of the safe-haven yen. A rise in US bond yields could provide a tailwind for the USD/JPY ahead of the Fed's decision. The Japanese […]
Japanese Yen dives back closer to multi-month low against USD on US election results – FXStreet
The Japanese yen has been unable to capitalize on the modest appreciation led by the hawkish Bank of Japan minutes. Uncertainty about the Bank of Japan's interest rate hike and risk-on impulses are weighing heavily on the yen. The US election results will cause a sharp rise in the USD, pushing the USD/JPY pair higher. […]
Bank of Canada decision highlights the economic calendar as USD soars – TradingView
USD/JPY jumped 200 pips today for its fourth day of gains as the foreign exchange market readjusted towards a strong USD and US economy. The move brought the pair back in line with U.S. Treasury yields, ending a decline that began in late July. USDJPYDaily The market may also be trading electorally against the US […]
GBP/USD consolidates around mid-1.3000s, seems vulnerable amid bullish USD – FXStreet
GBP/USD remains close to its one-month low hit last week, with the US dollar gaining strength. Bets that the Fed's policy easing will be less aggressive and geopolitical risks are supporting gains. Expectations that the central bank's rate cutting cycle will accelerate have weighed on the pound, favoring the bears. The GBP/USD pair has struggled […]
Japanese Yen ticks lower against USD, remains close to over two-month low ahead of US PPI – FXStreet
Amid uncertainty about the Bank of Japan's interest rate hike, the Japanese yen has been unable to extend its overnight appreciation. A modest rise in the USD further supports USD/JPY regaining some positive traction on Friday. A weakening risk tone could limit the yen's losses ahead of the US PPI report and put a cap […]
Australian Dollar soft as a cautious market mood benefits the USD – FXStreet
The US dollar recovers amid the Middle East conflict. Last week's US NFP data tempered expectations for aggressive easing from the Fed. Minutes from the Reserve Bank of Australia's September policy meeting could stem the bleeding. AUD/USD fell 0.50% to 0.6765 on Monday, weighed down by a strong dollar and concerns over geopolitical tensions in […]
Scenarios for trading USD around the FOMC meeting – ForexLive
Below is an eFX summary of a note written by Nomura on the Fed and the US Dollar. For banking ideas, Check out eFX PlusFor a limited time, there's a 7-day free trial available. Basic costs $79/month, and Premium costs $109/month. Get it here. — Synopsis: Nomura expects the US dollar to strengthen initially following […]
USD/CAD holds steady above mid-1.3500s, eyes 200-day SMA amid modest USD strength – FXStreet
USD/CAD is regaining some positive momentum amid continued USD buying interest. Weak oil prices have weakened the Canadian dollar, providing further support to major currencies. Traders are now focused on a speech by Bank of Canada Governor Macklem ahead of the release of the U.S. Consumer Price Index on Wednesday. In the Asian session on […]
Trump 2.0: Why a soft USD policy is unlikely to work – Investing.com
Deutsche Bank Research takes a closer look at the practical challenges of implementing a soft US dollar policy in light of the potential policies of a second Trump administration. Analysts highlight the obstacles and limitations of such a strategy and argue that tariffs and the associated strong impact on the US dollar are likely to […]