The U.S. dollar gained traction against major counterparts as the Federal Reserve maintained its benchmark interest rate within the 4.25%–4.50% range, aligning with market expectations. In a post-meeting press conference, Fed Chair Jerome Powell...
The initial feelings in the market for USDCAD might assist the buyers in recovering their losses from recent days. Therefore, these buyers may enter the market aiming for a target near the 1. 3877 support level. Additionally, the strong activity in...
Inflation means that prices are going up. When inflation rises, each unit of currency buys fewer goods and services than it did before. For example, if inflation in a country is 5%, something that cost $100 last year will now cost $105. While a...
The People's Bank of China (PBoC) is expected to implement an interest rate cut at an appropriate time this year—a move that could provide a much-needed boost to Chinese demand. The currency pair extended its gains against the U.S. Dollar (USD) for...
Japanese just came out of gates on Monday. At the European meeting, USD/JPY is traded at 141.00, which is 0.79%. Previously, Yen strengthened to 140.47, its strongest level since September 2024. The US dollar retreats when Trump is pushing against...
