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Browsing: Currency Updates
GBP/USD rises back to 1.3300 as the US Dollar weakens ahead of the Federal Reserve and Bank of England’s policy decisions.
The Australian Dollar gains strength as the US Dollar softens, with traders awaiting upcoming U.S. jobless claims data for market direction.
EUR/GBP holds steady below 0.8750 as traders await the Bank of England’s rate decision, which could impact the pair’s direction.
The Japanese Yen struggles against the USD as BoJ rate hike bets remain uncertain, limiting bullish momentum.
EUR/USD stays under pressure near 1.1550 as U.S. ISM data strengthens the Dollar, weighing on the Euro’s upside potential.
EUR/GBP falls near 0.8700 after disappointing German factory orders data, adding pressure on the Euro against the Pound.
USD/JPY and AUD/USD outlooks reflect market reactions to Japan’s wage growth fueling BoJ rate hike speculation and stronger Aussie data.
EUR/CAD stalls near the 1.6000 level as bullish momentum slows, with key resistance capping upside potential in the near term.
The Australian Dollar weakens even as China’s services sector expands in July, highlighting broader concerns weighing on AUD sentiment.
USD/CHF approaches 0.8150 after a 39% U.S. tariff on Switzerland, with attention turning to the U.S. jobs report.