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Browsing: Currency Updates
EUR/USD slides toward 1.1650 as the U.S. Dollar gains on trade deal optimism and dovish ECB expectations weigh on the Euro.
GBP/JPY slips below 198.00 as risk aversion fuels demand for the safe-haven Yen, pressuring the Pound despite relatively stable UK data.
The U.S. Dollar strengthens on trade deal optimism, with AUD/USD, NZD/USD, and USD/JPY approaching key breakout levels.
GBP/USD remains firm above the 100-day EMA, supported by improving risk sentiment, with bulls eyeing the 1.3588 resistance level.
USD/JPY Outlook: Yen Rebounds from Weekly Low but Lacks Momentum Ahead of Key Central Bank Decisions
The Yen bounces off weekly lows against Dollar, but upside remains limited as traders await key central bank decisions from the Fed and BoJ.
The Australian Dollar holds firm as traders await key inflation data and monitor developments in US-China trade negotiations.
USD/CAD falls below 1.3700 as investor sentiment improves following the US-EU trade pact, boosting demand for risk-sensitive currencies.
JPY and AUD traders await key drivers including BoJ policy moves, Fed data releases, and developments in US-China trade negotiations.
The Australian Dollar retreats from multi-month highs as the U.S. Dollar bounces back, reversing recent risk-driven gains in AUD/USD.
EUR/USD drops below 1.1750 as renewed the trade tensions and a stronger U.S. Dollar put pressure on the Euro.
