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Browsing: Currency Updates
The U.S. Dollar weakens as EUR/USD approaches 1.17 and both the British Pound and Japanese Yen post gains amid shifting market sentiment.
EUR/USD edges lower toward 1.1600 as markets focus on the looming US-EU trade deadline and fresh signals from the Federal Reserve.
AUD/USD rises as the U.S. Dollar softens on dovish Fed signals, but questions remain over the sustainability of the rally.
USD/JPY and AUD/USD traders eye progress in trade negotiations and potential China stimulus measures that could sway market sentiment.
GBP/USD edges higher toward 1.3450 as dovish Fed comments support the Pound, despite mixed UK employment figures.
EUR/USD climbs past 1.1600 as the Fed’s dovish stance calms market nerves, boosting demand for the Euro against the US Dollar.
EUR/JPY holds above the 100-day EMA, maintaining bullish momentum, though overbought RSI levels suggest a possible near-term pullback.
USD/JPY and AUD/USD remain sensitive to Fed and BoJ policy signals, while US market sentiment drives short-term forex direction.
The Australian Dollar falls below 0.6500 after weaker-than-expected jobs data boosts market expectations of an RBA rate cut.
EUR/USD edges lower toward 1.1600 as traders await key Eurozone inflation figures that could influence ECB policy expectations.
