Intraday bias in USD/CHF is turned neutral with breach of 0.8137 and some consolidations would be seen first. But outlook will stay bullish as long as 0.8029 support holds, even in case of deep pullback. On the upside, sustained trading above 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198 will extend the rally from […]
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The dollar regained traction in early Thursday trading and recovered part of Wednesday’s post-Fed 0.6% drop, which pushed the US currency to the lowest since July 20. The US central bank left rates unchanged at Read more…
USD/JPY held near 163.50 on Thursday, with the yen retreating slightly after strengthening in the previous session. The currency had been supported by a broader dollar decline following the Federal Reserve’s decision to keep interest Read more…
• The US dollar has fallen on fears that the Fed will not raise interest rates. • Positive policy outlook, including the BoE’s hawkish rhetoric, will support the pound. The US dollar suffered its sharpest Read more…