Euro slips back below 1.1500 as US Dollar recovers
Euro slips back below 1.1500 as US Dollar recovers
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Euro slips back below 1.1500 as US Dollar recovers
Forex
Gold: Reduced Fed hike bets support prices - Commerzbank
UK economists expect the GBP/USD exchange rate to retreat in the near-term outlook as steady BoE rates and doubts over the durability of hawkish policy guidance weigh on Pound Sterling. The Pound to Dollar exchange rate (GBP/USD) traded around 1.3443 on Friday morning after gaining more than 1.3% over the previous two sessions.
Despite the sharp pullback across USD/JPY and the US Dollar Index (DXY), the broader bullish structure remains intact. The latest correction appears to have been driven primarily by profit-taking, renewed Bank of Japan intervention concerns, and positioning adjustments following USD/JPY's test of major long-term resistance, rather than a meaningful deterioration in the US dollar's macroeconomic outlook.
Silver Price Forecast: XAG/USD remains under pressure as bond yields, US Dollar rebound
Gold declines as firmer US Dollar, hawkish Fed outlook weigh
The rebound in tech shares continues after South Korea's benchmark KOSPI index posted near 18% gains today. And that's setting a more positive backdrop for broader markets.
USD/JPY recovered to 160.60 on Friday following a sharp drop the previous day. Investors believe the Bank of Japan intervened to support the yen, although there has been no official confirmation.
Summary:USD/INR fell to a two-week low near 95.30 as the Indian rupee extended its recent gains. The US dollar weakened after the Federal Reserve's policy decision failed to convince markets that further rate hikes remain likely.
USD/JPY after volatility: Multiple events in one day
Silver price today: Silver falls, according to FXStreet data
Silver outlook turns on the dollar unwind: fading Fed hike odds support buyers, but rising yields and crude oil keep the rally on a short leash.
Gold – Intraday sell trade idea [Video]
Gold: Central bank buying offsets ETF outflows – ING
The USD/JPY is experiencing heightened volatility following Thursday's intervention and the BoJ's hawkish hold on Friday.
USD/CAD Price Forecast: Steadies above June low as bears await 1.4000 breakdown
NZD/USD Price Forecast: Previous highs around 0.5860 are holding bears for now
The U.S. dollar weakens after the Federal Reserve held interest rates steady, while EUR/USD and GBP/USD strengthen as markets assess global policy divergence.
USD/JPY Price Forecast: Likely extend decline below 158.00
Silver Price Forecast: XAG/USD falls to near $58.00 on hawkish Fed sentiment