AUDUSD climbed over 0.5% to reach 0.72, hitting a new multi-period high. The pair has gained 2.29% over the past four weeks and is up 10.51% over the last 12 months, sustaining its broader bullish tr…
Gold surged as safe-haven demand for the dollar waned following President Trump's shift to economic pressure on Iran, easing military conflict fears. The Dow Jones (DJI) also posted slight gains. The…
Oil prices fell as the Norges Bank held rates steady, weighing on the krone-linked commentary. Focus remains on inflation data and potential September rate hike, indirectly pressuring crude sentiment.
US Treasury intervened with Japan to strengthen the yen amid inflation pressures and debt concerns, aiming to prevent Treasury sales and control U.S. rates while boosting yen value.
Japan-US joint intervention pressures dollar-yen; markets watch if yen breaks below 155, a key threshold seen as testing whether the rally can reverse structurally.
Yen retreats slightly after massive intervention-driven rally, still near 3-month highs. Dollar broadly weak amid falling oil prices and Iran tensions. Euro steady near 1.5-month peak; sterling holds…
Markets rally on hopes of Iran conflict de-escalation and strong South Korean economic data, boosting Asian equities. The dollar remains subdued amid Fed rate speculation, while Bitcoin slightly retr…
The US dollar gained near a one-month high after CPI data aligned with estimates, supporting expectations of the Fed holding rates. Yen weakened on potential snap elections. Bitcoin rose to a two-mon…
Euro modestly strengthens against the dollar as investors price in a near-certain Fed rate cut next week, boosting risk sentiment and pressuring the dollar lower amid positive equity and commodity ga…
GBPUSD climbed past $1.360 to a 10-week high as markets await BoE and Fed decisions and key UK data, with BoE expected to hold rates and the Fed likely to cut, supporting the pound versus the dollar.
Early-week FX update: EUR/USD 1.1735 and GBP/USD 1.3550 show minimal moves from Friday, indicating calm market open with no clear catalysts driving price action.
US producer prices unexpectedly fell in August, lowering inflation pressures and boosting odds of an imminent Fed rate cut; the dollar weakened and EURUSD rose to about 1.1714 as markets priced a 25b…
US PPI unexpectedly fell in August, lowering inflation pressures and cementing expectations of imminent Fed rate cuts, causing the dollar to slip and EURUSD to tick higher to 1.1711.