Tag: US Dollar

Pound clings to advances near 1.2800 ahead of Fed Powell’s hearing 

Pound sterling is up against the US dollar as investors await Fed…

Noor Fatima Noor Fatima

Japanese yen drops BoJ will consider approach for cutting bond purchases

Japanese yen is under pressure due to overseas asset acquisitions by Japanese…

Noor Fatima Noor Fatima

Gold prices surge ahead of Fed Powell’s testimony

Gold prices rebounded in Tuesday's early European session. During the early European…

Noor Fatima Noor Fatima

Australian dollar remains stable as rising inflation forces the RBA to boost rates

Australian dollar gains momentum on anticipation that the RBA will lag behind…

Noor Fatima Noor Fatima

EURUSD maintains gains above 1.0800 as Fed rate-cut bets rise

EURUSD strengthens as increased speculation about Fed rate reduction in September weighs…

Noor Fatima Noor Fatima

EURUSD trading above the 1.08 level Mixed US jobs data and French elections surprise the pair

EURUSD recovering marginally and trading. above the 1.08 level. The single European…

Noor Fatima Noor Fatima

Gold loses momentum as PBoC putting gold purchases on hold

Gold price attracted some sellers below the $2,400 threshold. During Monday's early…

Noor Fatima Noor Fatima

Japanese yen improves while USD struggles owing to rising chances of Fed rate reduction

Japanese yen rises as the USD struggles after weaker than expected employment…

Noor Fatima Noor Fatima

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