Asia FX muted, dollar struggles at 3-yr low with PCE data on tap

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Brent crude oil price rose in intraday trading due to stability of support level at $66.35, gaining bullish momentum and offloading oversold conditions on RSI The (Brent) price rose in its last intraday trading, due to the stability of the support level at $66.35, gaining bullish momentum that assisted it to recover some of its…

USD/JPY –08.08.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

By RoboForex Analytical Department  The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald Trump, whose lead in critical states has fuelled investor optimism. This week, US political developments are poised to dominate…