USD/JPY edges lower at 163.70 The Japanese Yen has strengthened against the US Dollar. The USD/JPY exchange rate has decreased by 0.09% to 163.70. Easing geopolitical tensions have led to improved risk sentiment, weighing on the USD.
Improved risk sentiment and paused US-Iran tensions weigh on the USD, with markets eyeing Fed and BoJ policy meetings this week. USD/JPY fell 0.09% to around 163.70 on Monday as the US Dollar weakened amid easing geopolitical tensions. Washington and Tehran confirmed a pau
The dollar index (DXY), which measures the greenback against a basket of major currencies, was last up 0.02% at $101.49 and remains up about 3.12% for the year to date. Dollar weekly moves and key drivers: Over the past week, the The dollar index (DXY), which measures the
Singapore’s central bank unexpectedly raised the SGD NEER slope for the second meeting, citing persistent inflation risks despite benign price trends. The Monetary Authority of Singapore (MAS) tightened monetary policy for the second consecutive meeting, increasing the app
The Australian dollar pares gains near 0.6990 ahead of key inflation data and the Federal Reserve’s rate announcement this week. The Australian dollar retreated from an intraday peak of 0.7011 to trade at 0.6990 against the US dollar, though it remains above Friday’s close
Investors await Australian inflation data and the Fed’s policy decision after oil prices drop eased inflation concerns. The Australian Dollar retreated to 0.6990 against the USD after peaking at 0.7011 in early trading, as markets brace for key economic releases. Improved
USD/CAD trades near 1.4114 after rebounding from 1.4070 The US Dollar rebounded on Monday, paring earlier losses and lifting USD/CAD. The pair's rise came as oil prices erased most of last week's gains, weighing on the CAD. West Texas Intermediate trades ne
KFC franchisor Apollo Group, in collaboration with MM Group, is in the process of acquiring Norwegian fast casual restaurant chain Fly Chicken to launch the KFC brand in the country. Apollo Group plans to convert most of Fly Chicken's 19 locations across Norway into KFC re
Brown Brothers Harriman’s (BBH) Elias Haddad notes that Eurozone leading indicators, including Germany’s IFO, Purchasing Managers’ Index (PMI) and ZEW, point to improving activity. With inflation still above target, Haddad says the data reinforce the case for the European
EUR/USD reverses its early gains on Monday and moves toward filling the bullish gap at the weekly open. The pair initially rose after a temporary pause in attacks between the United States (US) and Iran improved risk sentiment, sent Oil prices sharply lower and weighed on
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