Yen expected to rally 7% against dollar amid US recession risk

Yen expected to rally 7% against dollar amid US recession risk
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Yen expected to rally 7% against dollar amid US recession risk
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The euro is calm on Wednesday after an impressive 3-day rally which saw EUR/USD jump 1.4%. Will the upswing continue? In the European session, EUR/USD is trading at 1.1220 at the time of writing, down 0.08% on the day. ECB likely to lower rates in September despite stubborn inflation The European Central Bank took the…
EUR/USD price analysis suggests a sluggish move dominated by short-term US yields. French political chaos offsets the positive economic factors in the Eurozone in the near term. Markets remain sidelined as the key Fed decision looms this week. The EUR/USD pair trades with a softer tone as short-term US yields dominate market sentiment, overshadowing the…
The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a two-week low. The dollar collapsed on Tuesday after data revealed that inflation increased by 0.2%. Market participants are pricing a 98% chance of the Fed cutting rates in September. The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Gold vaulted to a record high and both the dollar and Wall Street futures fell on Monday, as a criminal investigation into Federal Reserve Chair Jerome Powell stoked concerns about the independence of the world’s…
The Week Ahead – Tariff deadlines on the agenda XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
By RoboForex Analytical Department Gold prices fell below 3,300 USD per troy ounce on Wednesday, extending losses after a 1% decline the previous day. The downward pressure stemmed from the Federal Reserve’s cautious stance, which partially offset concerns over escalating trade tensions. US President Donald Trump dismissed any further delays to tariff hikes set for…