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US Dollar Index holds position below 104.50 despite a risk-off mood, higher yields
The Forex Market· 4 days agoThe US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major...
USD/CHF remains below 0.8900 due to the dovish mood surrounding the Fed
The Forex Market· 4 days agoUSD/CHF depreciates as traders expect the Fed to reduce rates in September. NBC News projected that...
Japanese Yen appreciates due to risk-off flows
The Forex Market· 5 days agoThe Japanese Yen (JPY) extends its gains for the second successive session on Tuesday, which could be attributed to the increased risk aversion.
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 5 days agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...
Gold price slides for fourth-straight day as US yields rise
The Forex Market· 5 days agoUS President Biden exits race and endorses VP Harris, creating political uncertainty and undermining...
Mexican Peso climbs after strong Economic Activity report
The Forex Market· 5 days agoMexican Peso gains 0.55%, trading at 17.92, after better-than-expected Economic Activity data....
US Dollar recovers while political factors weigh in
The Forex Market· 5 days agoUS Dollar DXY kicked off the week with a slump after a brief rebound at the end of last week but managed to clear daily losses. The anticipated exit of...
Will the USD/CAD keep rising this week?
The Forex Market· 5 days agoThis decision is expected to have repercussions across the world's financial markets, beginning with the United States Dollar (USD).
EUR/USD hovers near key support of 1.0870 ahead of US data-packed week
The Forex Market· 5 days agoA few ECB policymakers remain comfortable with expectations of two more rate cuts. The US Dollar...
AUD/USD slumps to near 0.6660 on cautious market sentiment
The Forex Market· 5 days agoThe AUD/USD pair extends its losing spree for the sixth trading session on Monday.