At the start of the week, the US currency continues to trade near significant levels amid ongoing uncertainty surrounding negotiations between the United States and Iran. Markets are closely monitoring reports suggesting a possible prolongation of the negotiation process and an increased US military presence in the Middle East, both of which are supporting demand […]
The post Geopolitical Risks Support the Dollar Ahead of Fresh US Data appeared first on ActionForex.
EUR/USD started a downside correction from 1.1650. USD/CHF is rising and might aim for a move toward 0.7880 or 0.7900. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear 1.1650 and Read more…
USD/JPY rose to 159.19, with the yen remaining near its one-month lows following comments from Bank of Japan Governor Kazuo Ueda. The regulator warned of rising inflation risks but did not provide any clear signals Read more…
EUR/CAD extended its near term rally today as increasingly hawkish rhetoric from senior European Central Bank officials continued pushing markets toward pricing a June rate hike, while falling oil prices added renewed pressure on Canadian Read more…