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 […]
Monday morning open levels – indicative forex prices – USD a touch stronger – ForexLive
High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]