Category forex

DXY Holds Near 100.00 Ahead of US CPI Data

US Dollar Index traders await inflation figures to gauge Fed policy direction and potential breakout above key resistance levels. The US Dollar Index (DXY) remains below the 100.00 mark, trading with a modest positive bias for a third consecutive session. Investors are awa

US Dollar Edges Up Against Japanese Yen

USD/JPY near 159.36 ahead of US CPI data release The Japanese Yen trades cautiously against the US Dollar, with the USD/JPY edging up to near 159.36. The pair's movement is expected to be influenced by the upcoming US Consumer Price Index data. Market expec