Fed minutes reveal divided policymakers on rate cuts, lifting hike odds to over 30% and pressuring the USD. The USD/CHF pair extended losses for a second session, trading near 0.8070 in Asian hours as the US Dollar weakened. Fed minutes from the June meeting showed policym
The yen weakens slightly after a four-day rally, with traders cautious amid a widening US-Japan interest rate gap. The USD/JPY pair retreated modestly in early Asian trading Thursday, halting a four-day advance but showing limited downward momentum. Spot prices hovered jus
USD/JPY pair snaps four-day winning streak The USD/JPY pair has edged lower during the Asian session, snapping a four-day winning streak. The pair's decline comes amid speculations of Japanese authorities intervening to prop up the domestic currency. A gap
The Indonesian Rupiah extends losses for a second day ahead of key May retail sales figures and US jobless claims data. The USD/IDR pair climbed to 18,140 during Asian trading on Thursday, marking a second consecutive day of gains for the US dollar against the Indonesian R
Iran launches missiles on Bahrain, Gulf sirens sound The US bombed two railway bridges in Iran's Golestan province with cruise missiles. The strike is the first US attack on Iranian infrastructure since the ceasefire. Oil prices have moved slightly higher a
Rising crude prices and increased Bank of Canada rate hike expectations push the CAD higher against the USD in early trading. The USD/CAD pair declined to 1.4165 during Asian trading hours on Thursday, driven by a surge in crude oil prices. The commodity-linked Canadian Do
CAD rises as oil prices surge and BoC hike bets increase The USD/CAD pair fell to near 1.4165 in Asian trading hours. A rise in crude oil prices supported the CAD. The Bank of Canada held its benchmark overnight interest rate at 2.25%, and traders see a 60% chanc
Governor Shin Hyun Song signals a likely hike at next week’s meeting as June inflation hits a 2.5-year high. Bank of Korea Governor Shin Hyun Song indicated Thursday that policy rates will likely rise at next week’s meeting, citing inflation at its highest level in two and
EUR/USD trades near 1.1420, up less than 0.10% for the day The EUR/USD pair attracts buyers for the second straight day, though it lacks follow-through and remains confined within the previous day's range. The USD Index remains on the defensive below the weekly top
The New Zealand Dollar holds gains against the USD near 0.5720 despite weaker-than-expected China CPI data. The NZD/USD pair extended its gains for a second consecutive day, trading around 0.5720 during Asian trading hours on Thursday. The New Zealand Dollar remained resil
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