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

Asia FX treads water, dollar steadies with inflation in sight By Investing.com

[ad_1] Investing.com– Most Asian currencies moved little on Wednesday, while the dollar steadied below six-month highs as investors hunkered down before key U.S. inflation data that is expected to offer more cues on monetary policy.  Most regional units were nursing steep overnight losses as markets remained largely risk-averse, while the dollar saw renewed strength in

Asia FX treads water, dollar steady as U.S. inflation looms By Investing.com

[ad_1] © Reuters Investing.com– Most Asian currencies moved little on Tuesday, while the dollar steadied close to a six-month peak as investors hunkered down before data showing a potential rise in U.S. inflation.  Markets were also holding out for more economic cues from China, as recent data showed some improvement in and through August. But

USD/JPY Hits Roadblock at Channel Resistance as GBP/JPY Treads Key Support Zone

[ad_1] Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter JAPANESE YEN FORECAST – USD/JPY TECHNICAL ANALYSIS USD/JPY rallied and rose to its highest level since November 2022 earlier in the week, but began to retreat after failing to clear channel resistance

Asia FX treads water between mixed China PMIs and Fed pause bets By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies moved little on Thursday as markets weighed weak economic data from China against growing bets that the Federal Reserve will pause its rate hike cycle. The dollar steadied in Asian trade after steep losses this week, as weaker-than-expected and data spurred bets that the Fed has limited headroom