Dollar’s Stance Amidst Fed Rate Cut Speculations:The dollar remained below a three-month high on Thursday as investors grappled with the question of when the Federal Reserve would initiate interest rate cuts. Central bank officials’ comments on Tuesday’s inflation data further complicated the situation, leading to cautious market sentiment. Yen’s Resilience …
Read More »USD/JPY Retests Support 15/2/2024
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Read More »GBP Downward Trend 15/2/2024
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Read More »Dollar Surges to Three-Month High on Unexpected Inflation Data
The dollar surged to its highest levels in three months against other major currencies on Wednesday following unexpected inflation data in the United States, diminishing bets on Federal Reserve interest rate cuts. The dollar surpassed the 150 yen mark for the first time since November, prompting Japan’s chief currency official, …
Read More »USD/JPY exceed the required targets 14/2/2024
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Read More »GBP facing negative pressure 14/2/2024
Oil, Crude, trading
Read More »Dollar Steady Ahead of Key US CPI Data Release
The dollar stands firm this Tuesday, holding its ground ahead of the eagerly anticipated US Consumer Price Index (CPI) figures. Traders are cautious, refraining from selling the dollar as recent adjustments by the US Administration to refine inflation metrics suggest potential underestimation of current CPI expectations. The National Federation of …
Read More »USD/JPY extends gains 13/2/2024
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Read More »GBP/USD remains in a sideways range 13/2/2024
Oil, Crude, trading
Read More »USD/JPY below resistance 8/2/2024
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