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USD/CAD remains depressed below 1.3800 amid higher hopes of Fed cuts
The US Dollar has ticked up from two-week lows below 1.3770 against the Canadian Dollar on Thursday, but remains capped below the 1.3800 level, after depreciating 0.5% over the two previous days, wth investors ramping up bets for Fed cuts.New York Fed President John Williams further fueled these hop
Fxstreet
Thu, Aug 28
USD/JPY holds losses below 147.50 ahead of Q2 US GDP Annualized
USD/JPY depreciates after registering a steady previous session, trading around 147.30 during the European hours on Thursday. The pair loses ground as the Japanese Yen (JPY) gains ground, driven by recent comments from the Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Thu, Aug 28
EUR/GBP softens below 0.8650 on concerns over the French political crisis
The EUR/GBP cross edges lower to near 0.8620 during the early European session. Fears of a French political crisis exert some selling pressure on the Euro (EUR) against the Pound Sterling (GBP). The release of Retail Sales and inflation reports from Germany will be closely watched later on Friday.
Fxstreet
Thu, Aug 28
USD/INR steadies as soft US Dollar offsets US tariffs’ impact on Indian Rupee
The Indian Rupee (INR) trades almost flat at around 87.80 against the US Dollar (USD) in opening trading hours on Thursday after a holiday on Wednesday on account of Ganesh Chaturthi. The USD/INR pair is supported by a sluggish performance from the US Dollar.Fxstreet
Thu, Aug 28
USD/CHF extends the decline to near 0.8000 ahead of Swiss/US GDP releases
The USD/CHF pair extends its downside to around 0.8015 during the Asian trading hours on Thursday. The US Dollar (USD) remains under selling pressure against the Swiss Franc (CHF) due to persistent concerns over the Fed’s independence.Fxstreet
Thu, Aug 28
USD/CAD falls toward 1.3750 as US Dollar declines on Fed concerns
USD/CAD extends its losses for the third successive session, trading around 1.3770 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces challenges amid rising concerns over the US Federal Reserve’s (Fed) independence.Fxstreet
Thu, Aug 28
Australian Dollar gains ground following rise in Q2 Private Capital Expenditure
The Australian Dollar (AUD) gains ground for the third successive session on Thursday, following the release of Private Capital Expenditure, which rose 0.2% in the second quarter, from the previous decline of 0.1% but falling short of the expected 0.7% increase.
Fxstreet
Thu, Aug 28
GBP/USD maintains position around 1.3500 ahead of Q2 US GDP Annualized
GBP/USD remains steady after two days of gains, trading around 1.3500 during the Asian hours on Thursday. The pair may further appreciate as the US Dollar (USD) struggles amid rising concerns over the US Federal Reserve’s (Fed) independence.
Fxstreet
Thu, Aug 28
AUD/USD extends upside above 0.6500 as RBA rate cut hopes fade
The AUD/USD pair extends the rally to near 0.6505 during the early Asian session on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as hotter-than-expected Australian inflation data dents bets on the Reserve Bank of Australia (RBA) rate cut.Fxstreet
Wed, Aug 27
USD/JPY weakens below 147.50 amid unabated concerns over Fed’s independence
The USD/JPY pair loses ground to near 147.20 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as worries persist over the Federal Reserve’s (Fed) independence.Fxstreet
Wed, Aug 27
USD/CHF Price Forecast: Slips to 0.8020 as safe-haven boosts Franc
USD/CHF extended its downtrend for the second straight day, down 0.16%, trading at 0.8020 after hitting a daily high of 0.8076. A flight to safety has favored the Swiss Franc as the Dollar digest the dovish tilt by the Fed Chair Jerome Powell, who opened the door for adjusting interest rates.Fxstreet
Wed, Aug 27
EUR/USD slips to 1.1630 as Fed drama fades, France risk grows
The EUR/USD retreats a minimal 0.10% on Wednesday as developments about the Federal Reserve’s independence dissipated, while the French Prime Minister Bayrou called for a confidence vote. At the time of writing, the pair trades at 1.1631, after hitting a daily high of 1.1647.Fxstreet
Wed, Aug 27
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