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GBP/USD maintains position above 1.3400 ahead of Fed Powell’s speech
GBP/USD moves little after four days of losses, trading around 1.3410 during the Asian hours on Friday. The pair faced challenges as the US Dollar (USD) gained ground following the key economic data from the United States (US) released on Thursday.
Fxstreet
Fri, Aug 22
Japanese Yen hits three-week low against USD after domestic inflation data
The Japanese Yen (JPY) slides to a three-week low against its American counterpart during the Asian session on Friday and fails to gain any respite following the release of domestic inflation figures. In fact, Japan's headline National Consumer Price Index (CPI) eased slightly in July.
Fxstreet
Fri, Aug 22
New Zealand, Aussie dollars the losers as RBNZ goes all-in for growth
By Wayne Cole SYDNEY, Aug 22 (Reuters) - The Australian and New Zealand dollars nursed stinging losses for the week on Friday as markets baked in lower interest rates at home, while having second thoughts about a U.S. easing in the near term.The Reserve Bank of New Zealand's sudden embrace of...Reuters
Fri, Aug 22
FOREX-Currencies tread with caution ahead of Powell's speech
Dollar on course for weekly gain ahead of Powell speech Powell's tone to sway markets as rate cut pricing swingsJapan inflation data keeps BOJ rate hike on the table By Ankur Banerjee SINGAPORE, Aug 22 (Reuters) - The U.S. dollar was steady on Friday, poised for a strong weekly performance as...Reuters
Fri, Aug 22
NZD/USD tumbles to near 0.5800 as Powell's Jackson Hole speech looms
The NZD/USD pair extends the downside to near 0.5815, the lowest since April 11, during the early Asian trading hours on Friday. The New Zealand Dollar (NZD) softens against the Greenback as the Reserve Bank of New Zealand (RBNZ) delivered a rate cut and left the door open for further moves lower.
Fxstreet
Fri, Aug 22
FOREX-Dollar gains before key Powell speech at Jackson Hole on Friday
All eyes on Fed chair's address at Jackson Hole Odds of Fed rate cut next month at 74%Jobless claims rise by most in three monthsUS business activity picked up pace in AugustBy Karen Brettell NEW YORK, Aug 21 (Reuters) - The dollar gained on Thursday before a highly anticipated speech by Fed...Reuters
Thu, Aug 21
Forex Today: Will Chair Powell…?
The US Dollar (USD) outperformed its peers on Thursday, gathering extra steam on the back of solid data releases and steady caution ahead of the critical speech by Chief Jerome Powell at the Jackson Hole Symposium on Friday. So far, consensus continues to favour a rate cut in September.Fxstreet
Thu, Aug 21
NZD/USD steadies after RBNZ rate cut, attention turns to Powell at Jackson Hole
The New Zealand Dollar (NZD) is finding its footing against the US Dollar (USD) on Thursday after heavy selling in the wake of the Reserve Bank of New Zealand’s (RBNZ) rate cut a day earlier, which dragged the pair to its lowest level in four months.Fxstreet
Thu, Aug 21
CANADA FX DEBT-Canadian dollar hits a three-month low as investors trim US rate cut bets
Canadian dollar falls 0.2% against the greenbackTouches its weakest since May 21 at 1.3907Price of oil increases 0.8%Bond yields rise across the curveBy Fergal Smith TORONTO, Aug 21 (Reuters) - The Canadian dollar weakened to a three-month low against its U.S. counterpart on Thursday as signs of ...Reuters
Thu, Aug 21
Banxico Minutes show split vote, further cuts lie ahead
Banco de Mexico (Banxico) revealed the minutes of the August 7 monetary policy meeting, in which the central bank decided to reduce rates by 25 basis points (bps) to 7.75% on a vote split, with Deputy Governor Jonathan Heath in favor of keeping rates unchanged.
Fxstreet
Thu, Aug 21
GBP/JPY climbs as strong UK Services PMI lifts Pound
The GBP/JPY advanced during the North American session, up 0.34% after following the release of solid economic data from Britain that outweighed solid Purchasing Managers Index (PMI) figures in Japan. The cross-pair trades at 198.91 after bouncing off daily lows of 198.12.
Fxstreet
Thu, Aug 21
Australian Dollar Price Forecast: The 200-day SMA emerges on the horizon
The Australian Dollar (AUD) stayed under pressure on Thursday, with AUD/USD slipping toward two-month lows near the 0.6400 support. It was the pair’s fourth straight daily decline, this time amid a solid performance of the US Dollar (USD).Fxstreet
Thu, Aug 21
Brazil's Bolsonaro drafted Argentina asylum request, police allege
Police find asylum letter on Bolsonaro's phoneFormer Brazil president on trial for coup plot Police find Bolsonaro messaging Trump Media lawyerBy Ricardo Brito and Luciana Magalhaes BRASILIA, Aug 20 (Reuters) - Brazilian ex-President Jair Bolsonaro drafted a letter to Argentine President Javi...Reuters
Thu, Aug 21
