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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
2 hours ago
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
2 hours ago
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
3 hours ago
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
3 hours ago
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
3 hours ago
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
5 hours ago
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
6 hours ago
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
RPT-ECB rate cut talk may resume after September pause, sources say
By Francesco Canepa JACKSON HOLE, Wyoming, Aug 23 (Reuters) - The European Central Bank is likely to keep interest rates on hold next month but discussions about further cuts may well resume in the autumn if the economy weakens, five sources told Reuters.ECB President Christine Lagarde said in Ju...Reuters
Sat, Aug 23
Bolsonaro's defense says drafted asylum request not evidence of flight risk
BRASILIA/SAO PAULO, Aug 22 (Reuters) - Lawyers for former Brazilian President Jair Bolsonaro told the Supreme Court on Friday that the draft of a request for asylum in Argentina found on his phone by police cannot be considered an indication of flight risk, since it was dated last year."The fact...Reuters
Fri, Aug 22
Bolsonaro's defense says drafted asylum request not evidence of flight risk
BRASILIA/SAO PAULO, Aug 22 (Reuters) - Lawyers for former Brazilian President Jair Bolsonaro told the Supreme Court on Friday that the draft of a request for asylum in Argentina found on his phone by police cannot be considered an indication of flight risk, since it was dated last year.In the docume...Reuters
Fri, Aug 22
EUR/USD surges above 1.17 as Powell hints at September Fed cut
EUR/USD skyrockets during the North American session after Federal Reserve (Fed) Chairman Jerome Powell leaned dovish at his Jackson Hole speech, opening the door for a resumption of the easing cycle. The pair trades at 1.1718, up by 0.97%.Fxstreet
Fri, Aug 22
