Category forex

EUR/USD Drops Ahead of Fed Policy

EUR/USD trades lower at 1.1580 The EUR/USD pair has dropped to around 1.1580 during the European trading session on Tuesday. The decline is attributed to the rise of the US Dollar, as investors await the Federal Reserve's monetary policy announcement. The pa

Japan Intervention Risks Rise

USD/JPY stays above 160.00 The Japanese yen remains under pressure, with USD/JPY hovering above 160.00. The currency pair has been at these levels since last week, with traders awaiting a catalyst to drive it higher. A 25 bps rate hike by the central bank h