GBP/USD stalls below 200-day SMA as traders await US inflation data
GBP/USD climbed back toward 1.3375 on Tuesday as the Pound trimmed earlier losses, but the 200-day simple moving average near…
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USD/JPY holds near four-decade highs as Japan holds off on intervention
USD/JPY ended Tuesday at 162.27, with the yen stuck near 40-year lows as Japanese authorities have yet to intervene. Reports…
Euro Drifts Near $1.14 as Dollar Strength Holds Before US CPI
The euro is hovering around $1.14 against the dollar as traders wait for the June US inflation report. Broad dollar…
Sterling climbs as BoE rate hike bets build, but Middle East tensions cap the pound
Sterling climbed against the dollar on Tuesday as traders lifted their bets on a Bank of England rate hike later…
Yen Short Covering Leaves USD/JPY Pinned Below 163 Ahead of US CPI
Traders are unwinding record short positions on the Japanese yen ahead of the US CPI report, leaving USD/JPY pinned below…
