Markets trimmed Federal Reserve rate hike bets after July nonfarm payrolls missed forecasts by 103k, lifting the euro. The euro rose to 1.1581 against the US dollar, its highest level in nearly two months, after US nonfarm payrolls fell 23k in July, well below the 80k cons
The currency pair remains subdued after a US Dollar recovery following last week’s sharp decline. The Euro trades at 1.1550 against the US Dollar in early European trading, retreating slightly as the greenback regains ground. The pair had previously fallen after a strong D
Soft US jobs data cut Fed rate hike bets to 46% for September, lifting the euro before Wednesday’s CPI print. The EUR/USD pair dipped to 1.1550 in early European trade Monday as the US Dollar recovered from Friday’s sharp sell-off. The Dollar Index rose 0.12% to 99.72 afte
The currency pair consolidates gains after reaching a high of 1.1581, supported by technical levels. EUR/USD extended its rally, climbing toward 1.1580 as buyers maintained control. The pair reached a high of 1.1581 before consolidating gains above the 23.6% Fibonacci retr
EUR/USD options expiring at 1.1575 may cap upside as traders eye Wednesday’s US CPI report and geopolitical risks. EUR/USD faces resistance from 1.1575-level option expiries, sitting just above the 100-day moving average at 1.1567. The expiries add a layer of technical int
USD/INR rises to near 95.22 amid higher oil prices and a rebound in the US Dollar after recent losses. The Indian Rupee (INR) opened lower against the US Dollar (USD) on Monday, trading near 95.22. The decline follows a recovery in oil prices and a rebound in the USD after
Rupee drops as oil prices recover The Indian Rupee has started the week on a negative note against the US Dollar. The USD/INR pair has rebounded to near 95.22, driven by the recovery in oil prices and the US Dollar regaining ground. The US Dollar Index has
USD/IDR trades near 17,860 after consumer confidence data signals economic concerns, extending the rupiah's decline. The Indonesian rupiah declined as domestic consumer confidence fell to its lowest level since September 2025, pressuring the currency. USD/IDR held gains ne
July’s consumer confidence index fell to 116.8, the weakest since September 2025, weighing on the rupiah amid broader USD strength. The Indonesian rupiah extended losses against the US dollar, with USD/IDR trading near 17,860 in Asian hours. The pair gained as July’s consu
USD/JPY recovers from non-farm payrolls drop The USD/JPY currency pair fell after the US July non-farm payrolls report showed a loss of 23K jobs, compared to the expected gain of 80K. The report's poor headline number was largely due to a huge drop in government jobs.
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