Japanese Yen and Australian Dollar react to key inflation reports and China’s industrial data, shaping forex market sentiment.
The US dollar sinks to multi-year lows, lifting gold and silver while shifting investor sentiment across global markets.
The U.S. dollar remains weak near yearly lows as EUR/USD, GBP/USD, USD/CAD, and USD/JPY show mixed technical trends.
USD/CNH remains under bearish pressure, hovering near the key 7.1700 support level as sellers maintain control.
The Japanese Yen holds the near a one-week high as the US dollar weakens and BoJ rate hike expectations grow.
EUR/USD climbs to its highest level in 2025 as Powell’s testimony sparks a broad risk-on rally in global markets.
Japanese Yen and Aussie Dollar traders eye key inflation data and Powell’s testimony for clues on FX market direction.
EUR/USD advances beyond 1.1600 as Middle East ceasefire eases safe-haven demand, weighing on the US Dollar.
AUD/USD declines as geopolitical turmoil and risk-off mood drive investors toward safe-haven assets like the USD.
The Australian and New Zealand dollars recover as global tensions cool, while the Japanese Yen strengthens on safe-haven flows.