EUR/USD slightly recovers as USD traders take profits – FXStreet
EUR/USD rebounded after testing 1.0500, its lowest in more than a year, on Thursday. On Friday, the euro rebounded against the US dollar after five consecutive days of declines due to profit-taking. Markets are nervous about the Fed questioning its December interest rate cut, while the ECB is expected to continue easing, pointing to further […]
Japanese Yen drops to fresh multi-month low against USD, bears not ready to give up – FXStreet
The Japanese yen continues to fall amid uncertainty about the Bank of Japan's interest rate hike. The USD bullishness is helping the USD/JPY pair rally to the top for the first time in months. Yen bears are ignoring the possibility of intervention by Japanese authorities. The Japanese yen (JPY) has been underperforming against the US […]
Confirmed: IRS will pay a new tax refund of more than USD 3,000 to those who meet this requirement – Tododisca
The IRS recently announced large tax refunds for families who: child tax credit requirements. This initiative aims to help millions of American households by providing financial relief during a time of economic uncertainty. This credit allows eligible families to receive up to a refund. $3,600 per child. This financial relief comes as part of the […]
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 […]