Dollar holds fast, yen in shaky territory ahead of FOMC By Reuters

[ad_1] © Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley TOKYO (Reuters) – The dollar remained firm against a basket of peers on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while the yen continued to hang

USD Index treads water around 105.20 ahead of FOMC

[ad_1] Share: The index trades within a tight range just above 105.00. The FOMC meeting will take centre stage later in the session. The Fed is expected to keep rates unchanged on Wednesday. The greenback attempts some consolidative move in the low 105.00s when measured by the USD Index (DXY) ahead of the

Dollar steadies ahead of Fed meeting; trading ranges are limited By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar traded largely unchanged in early European trade Tuesday, drifting ahead of the start of the latest two-day Federal Reserve policy meeting, the highlight of several key central bank rate decisions this week. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket

GBP/USD, GBP/AUD Attempts Tepid Recovery Ahead of Inflation Data

[ad_1] GBP PRICE, CHARTS AND ANALYSIS: Read More: FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally? GBP has struggled of late and has attempted a recovery in the early part of this week. UK inflation data is due tomorrow and following a sharp increase in headline inflation in the US and Canada,

Euro holds firm, yen struggles ahead of bumper central bank week By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) – The euro got a lift on Tuesday from a report that indicated the European Central Bank may soon start discussing how to drain some

CADJPY: Ahead of Canadian CPI

[ad_1] The CPI figures for Canada will be closely watched today, as predictions point to an increase. Headline inflation is forecast at 3.8% y/y, up from 3.3% y/y in July. If this happens, it will be the third consecutive month that the inflation rate has increased, reaching the highest level since April and far exceeding

Australian Dollar Ponders Path Ahead After RBA Minutes. Will AUD/USD Breakout?

[ad_1] Australian Dollar, AUD/USD, US Dollar, RBA, Fed, CPI, China, Lowe, Bullock – Talking Points The Australian Dollar has steadied going into Tuesday’s session RBA meeting minutes confirm most of what was already known RBA and Fed policy face similar futures. Who will blink first? Recommended by Daniel McCarthy Trading Forex News: The Strategy The

Dollar edges lower in cautious trading ahead of Fed meeting By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar edged lower in early European trade Monday, but remained near six-month highs as traders cautiously awaited several key central bank rate decisions this week, most notably from the Federal Reserve. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six

USD/SEK reversed its multi-month-high rally ahead of eventful week

[ad_1] Share: USD/SEK soared to 11.249, its highest since early November 2022. Riskbank is expected to hike 25 bps to 4%. The Fed will likely deliver a hawkish pause. The USD/SEK saw volatility on Monday, rising to a high since November 4, 2022, then settling at 11.122, securing daily losses. The USD trading somewhat