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USD/JPY hits fresh lows below 147.00 on generalised Dollar weakness
The US Dollar recovery attempt seen on Thursday was capped below 148.00, and the pair has resumed its downtrend, extending losses below 147.00 on Friday, amid a broad-based US Dollar’s weakness.With the impact of the strong US PPI fading, investors' hopes that the meeting between Trump and Putin mig
Fxstreet
Fri, Aug 15
GBP/USD slips as hot US PPI data erodes aggressive Fed cut bets
The GBP/USD retreats during the North American session, down 0.21% after a hot inflation report in the United States (US) prompted traders to pare rate cut bets by the Federal Reserve at the September meeting. At the time of writing, the pair trades at 1.3545 after hitting a daily peak of 1.3594.
Fxstreet
Thu, Aug 14
Forex Today: Attention remains on US inflation, UK GDP and the jobs report in Australia
The US Dollar (USD) intensified its weakness on Wednesday, receding to two-week lows as investors continued to price in further rate cuts by the Fed, while steady jitters surrounding the Fed’s independence also weighed on sentiment.
Forex Today: US CPI data and the RBA meeting will be the salient events
The US Dollar (USD) added to Friday’s advance amid the generalised prudence among market participants ahead of the publication of the US inflation data, while a potential Trump-Putin meeting also helped with the cautious environment.
Fxstreet
Mon, Aug 11
EUR/USD: Might try to reach 1.1720 – UOB Group
The current price movements are likely part of a 1.1610/1.1670 range trading phase. In the longer run, Euro (EUR) is likely to trade with an upward bias; it is unclear for now if it can reach 1.1720, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 11
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