Search
News
British Pound gains traction above 1.3400 as softer US CPI dampens Fed rate hike expectations
The GBP/USD pair gains ground to near 1.3405 during the early Asian session on Wednesday. The US dollar (USD) weakens against the British Pound (GBP) as softer-than-expected US inflation in June tempered expectations for US Federal Reserve (Fed) policy tightening.
Fxstreet
Wed, Jul 15
Japanese Yen edges higher vs weaker USD; bulls seem hesitant amid Iran risks
The USD/JPY pair struggles to capitalize on the previous day's late rebound from the vicinity of mid-161.00s, or the weekly low, and trades with a mild negative bias for the second straight day on Wednesday.
Fxstreet
Wed, Jul 15
Euro gathers strength above 1.1400 after soft US inflation data
The EUR/USD pair gains ground to near 1.1425 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) as softer-than-expected US inflation data temporarily eased pressure on the Federal Reserve (Fed).
Fxstreet
Wed, Jul 15
NZD/USD Price Forecast: Advance stalls at SMA clusters, bulls eye 0.59
The New Zealand Dollar extended its rally, registering solid gains versus the US Dollar after the latest US inflation report, which tempered speculation of a Fed rate hike and trimmed investors' bets by half. At the time of writing, the NZD/USD is trading at 0.5809, up by more than 1%.
Fxstreet
Tue, Jul 14
The softest US inflation print in six years buys British Pound Sterling about four hours
Cable trades just beneath the 1.3400 handle late in Tuesday's session, pinned under a 200-day Exponential Moving Average (EMA) that sits a few pips shy of the figure and has capped every recovery attempt for two weeks.Fxstreet
Tue, Jul 14
New Zealand Dollar soars to one-month high as US CPI undershoots
NZD/USD jumps to a one-month high on Tuesday as traders digest the latest US inflation data, which came in softer than expected and reduced expectations of an imminent Federal Reserve (Fed) interest rate hike. At the time of writing, the pair trades around 0.5820, up nearly 1.23% on the day.Fxstreet
Tue, Jul 14
Why Japan's massive foreign assets could be the Japanese Yen's long-awaited catalyst
The Japanese Yen (JPY) continues to trade in defensive territory, with the USD/JPY pair pinned near a historic 40-year high around 162.00. However, in a striking divergence from rising global yields, Japanese Government Bonds (JGBs) have begun outperforming.Fxstreet
Tue, Jul 14
Euro jumps as softer-than-expected US CPI cools Fed rate-hike bets
EUR/USD snaps a two-day losing streak on Tuesday as softer-than-expected United States (US) inflation data weighs on the US Dollar (USD) and prompts traders to scale back expectations of a near-term Federal Reserve (Fed) interest rate hike.Fxstreet
Tue, Jul 14
European Union: Growth potential re-rated – TD Securities
TD Securities’ Julie Ioffe and James Rossiter argue that the European Union already possesses key ingredients for stronger long-term growth, including wealthy consumers, productive workers, deep private savings and solid fiscal capacity.Fxstreet
Tue, Jul 14
GBP/JPY Price Forecast: Buyers defend 216.50 as bullish trend continues
GBP/JPY trades in a narrow range on Tuesday as market sentiment remains fragile amid escalating tensions between the US and Iran, which are driving Oil prices higher once again. At the time of writing, the cross trades around 217.10 as the Japanese Yen (JPY) remains broadly weak.Fxstreet
Tue, Jul 14
Featured Tools
Top News
US Stocks Close: Dow Drops Over 600 Points, Some Tech Stocks Rebound, CrowdStrike Gains Over 8%
Micron Stock Price Forecast: MU Tumbles Over 6% Nearing $850, Risks Further Drop to $800
Today’s Market Recap: Nasdaq Drops 2.60%, Meta Slumps 7%, Oil Surges Past $113, Gold Plunges Toward $4,000
US Stocks Close: Nasdaq Drops 2.6%, SOX Falls Over 6%; Jensen Huang's Remarks on Capital Shortage Spark Financing Concerns, Meta Drops 7% After Earnings
Bloom Energy Q3 Revenue Up 138% YoY, EPS Swings to Profit, But Shares Tumble 7% After Hours
