Category forex

Dollar Sentiment Drives Market Mood

Dollar loses ground amid US-Iran headlines The dollar's sentiment is the key driver among major currencies, tied to US-Iran headlines. Trading sentiment continues to revolve around the broader market mood. The USD/JPY sticks closer to the 159.00 level amid

Fed Hawks Support USD

Gold stalls near $4,450 The US Dollar is supported by a hawkish Fed, keeping gold from recovering. Wednesday's FOMC Minutes showed a majority of policymakers believe policy firming would be necessary if inflation persists above 2%. Traders are pricing in ov