Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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USD/JPY Holds Near 159 After Japan’s August 1 Intervention
USD/JPY is consolidating near 159 after retracing roughly half of its post-intervention drop from 163.73. The standoff now puts Bank…
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GBP/USD Rises to 1.3564 as Weak US Retail Sales Pressure the Dollar
Sterling climbed to a three-month high of 1.3564 as softer US retail sales and easing Federal Reserve hike expectations weighed…
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EUR/USD Hits 1.1606 as Fed September Hike Odds Drop to 25%
EUR/USD rose to a two-month high of 1.1606 after weak US retail sales sharply reduced expectations for a September Federal…
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Dollar Holds Lower as China Data Softens and Markets Eye Jackson Hole
The U.S. dollar started the week on the back foot as softer Chinese data, steady risk appetite and anticipation ahead…
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EUR/USD Stalls Near 1.1550 as 100-Day Average Caps ECB-Driven Gains
EUR/USD held around 1.1550 even as markets priced an 87% chance of an ECB rate hike in September. Resistance near…
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USD/JPY Nears 160 as Carry Trade Reverses Half of Japan’s Intervention
USD/JPY climbed back to 159.46, recovering roughly 48% of the drop triggered by Japan’s late-July intervention. The rebound underscores how…
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GBP/USD Fails at 1.3500 Despite UK GDP Surprise and Hawkish BoE Signals
GBP/USD slipped back below 1.3500 after stronger-than-expected UK June GDP failed to shift Bank of England rate expectations. The price…
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EUR/USD Stalls Below 1.1550 Despite Softer U.S. Inflation Data
EUR/USD failed to sustain gains above 1.1550 even after softer U.S. CPI and PPI readings. The muted reaction highlights how…
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USD/JPY Nears 160 as Japan’s Current Account Deficit Pressures Yen
USD/JPY moved back toward 160 after Japan posted its first current account deficit in 17 months, weakening a key support…
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GBP/USD Breakout Puts 1.3600 in Focus After U.S. CPI Meets Forecasts
GBP/USD pushed above a six-month descending trendline after U.S. inflation matched forecasts and kept September Fed hike odds near a…
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EUR/USD Holds Near 1.1550 as July CPI Keeps Fed Outlook Intact
EUR/USD hovered around 1.1550 after July U.S. inflation matched forecasts, leaving Federal Reserve expectations largely unchanged. Traders now face a…
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USD/JPY Tests 159.25 as BoJ Hawkish Shift Meets Intervention Risk
USD/JPY has rebounded to 159.27, retracing nearly half of the yen’s intervention-driven rally. Markets are weighing a wide U.S.-Japan rate…