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USD/CHF remains above 0.8000 following improved Swiss Employment Level
USD/CHF inches higher after registering nearly 1% losses in the previous session, trading around 0.8020 during the Asian hours on Monday. The pair remains stronger following the improved Switzerland’s non-farm payrolls data.
Fxstreet
Mon, Aug 25
USD/JPY recovery halts at 147.50 with monetary policy divergence weighing
The US Dollar’s recovery attempts from Friday’s lows at 146.60 against the Japanese Yen have been capped around the mid-range of the 147.00s on Monday as the pair remains on the defensive amid an unfavourable monetary policy divergence following Fed Powell’s dovish comments.Jerome Powell shocked mar
Fxstreet
Mon, Aug 25
EUR/JPY Price Forecast: Constructive outlook prevails, first upside barrier emerges above 173.00
The EUR/JPY cross trades on a positive note near 172.40 during the early European session on Monday, bolstered by improved risk sentiment. However, hawkish remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda might lift the Japanese Yen (JPY) and cap the upside for the cross.
Fxstreet
Mon, Aug 25
Australia, NZ dollars cling to gains as investors bet on US rate cuts
SYDNEY, Aug 25 (Reuters) - The Australian and New Zealand dollars largely held their gains on Monday, after a dovish turn from the world's most powerful central banker hurt the greenback and helped the pair recover in the previous session, although they are still grappling with rate-cut burdens.Reuters
Mon, Aug 25
FOREX-Dollar struggles to recover from Powell's dovish surprise
Powell opened door to September rate cut in Jackson Hole speechU.S. currency dropped to four-week low versus euro on FridayTrump's threat to fire Fed Governor Cook also weighs on greenbackBy Kevin Buckland TOKYO, Aug 25 (Reuters) - The U.S. dollar attempted on Monday to pull itself up from a ...Reuters
Mon, Aug 25
ANALYSIS-World's central bankers fear being caught in Fed's storm
Fed capitulation would set dangerous precedentECB, BOJ have faced questions about independenceCentral bank independence seen as crucial for price stabilityBy Francesco Canepa, Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming, Aug 25 (Reuters) - Global central bankers gathered at a U.S. mou...Reuters
Mon, Aug 25
Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday after registering more than 1% gains in the previous session. The AUD/USD pair gained ground as the US Dollar depreciated amid the rising likelihood of a Federal Reserve (Fed) interest rate cut in September.
Fxstreet
Mon, Aug 25
GBP/USD attracts some sellers below 1.3500 on renewed US Dollar demand
The GBP/USD pair faces some selling pressure around 1.3495 during the Asian session on Monday. The major pair edges lower amid the renewed US Dollar (USD) demand. However, dovish remarks from the Federal Reserve (Fed) Chair Jerome Powell might cap the GBP/USD’s downside.
Fxstreet
Mon, Aug 25
CORRECTED-FOREX-Dollar struggles to recover from dovish Powell gut punch
Powell opened door to September rate cut in Jackson Hole speechU.S. currency dropped to four-week low versus euro on FridayTrump's threat to fire Fed Governor Cook also weighs on greenbackBy Kevin Buckland TOKYO, Aug 25 (Reuters) - The U.S. dollar attempted on Monday to pull itself up from a ...Reuters
Mon, Aug 25
Bank of England's Bailey says UK has 'acute challenge' over weak growth
JACKSON HOLE, Wyoming, Aug 23 (Reuters) - Britain faces an "acute challenge" over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic, Bank of England Governor Andrew Bailey said on Saturday.Speaking at an annual conference in Wyoming organi...Reuters
Sat, Aug 23
