USD
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British Pound holds steady above 1.3500 vs USD as traders eye US CPI ahead of UK GDP
GBP/USD struggles to gain any meaningful traction ahead of the key US-UK macro releases. The US CPI is due later…
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Swiss Franc weakens against US Dollar with US Inflation in focus
The Swiss Franc trades lower against the US Dollar at around 0.8125 ahead of the US CPI data for July.…
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Indian Rupee drops with India-US CPI data in focus
The Indian Rupee declines further against the US Dollar due to rising oil prices. Traffic through the Hormuz has declined…
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Chart of the Day: EURUSD Awaits US CPI. Inflation Could Determine the Fed’s Next Move
Wednesday’s EURUSD session is primarily focused on anticipation of the day’s most important release: US CPI inflation data. Today’s reading…
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Trade of The Day: AUS/USD
Facts AUDUSD has been holding above the 10-day exponential moving average (EMA10; yellow) for seven consecutive sessions. Michele Bullock, Governor…
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Chart of the Day: USDJPY Rises Again. Intervention Is Not Enough — Markets Await BoJ Action
USDJPY is once again moving higher, while the yen is beginning to give back some of the gains it made…
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South Korean Won Extends Gains
The South Korean won traded around 1,414 per dollar, remaining near an over ten-month high touched last week, supported by…
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FX Weekly: Yen Returns to Losses, Dollar Under Pressure
Following a record intervention by the Japanese Ministry of Finance and the US Department of the Treasury, the yen strengthened…
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GBP clings to gains against US Dollar, US CPI in focus
The British Pound trades firmly at around 1.3500 against the US Dollar. Investors await the US CPI data for July…
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Canadian Dollar sits near two-month top vs USD amid bullish oil prices
USD/CAD languishes near a two-month low as bullish oil prices continue to underpin the Loonie. Geopolitical uncertainties, inflation risks and…
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