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The EUR/USD pair fell to a weekly low beneath 1.1600, currently trading at 1.1586
Euro weakens to 1.1586 as traders await US CPI, Fed decision; technicals suggest continued bearish trend.
As inflation exceeds expectations, USD/CAD falls near the lower range, with CAD potentially supported by developments
Canada’s stronger-than-expected inflation reduces prospects for aggressive BOC rate cuts, potentially strengthening the Canadian Dollar.
UOB Group’s analysts expect the New Zealand Dollar to fluctuate between 0.5720 and 0.5760
NZD remains neutral, trading between 0.5720–0.5760; long-term range expected at 0.5685–0.5770.
Near 152, USD/JPY stabilises as Japan’s leaders emphasise the Bank of Japan’s autonomy
Japan’s economy stabilizes as BOJ maintains autonomy; rate hike expectations rise with inflation nearing target.
The Australian Dollar is anticipated to fluctuate between 0.6470 and 0.6515, according to analysts
AUD expected to trade sideways short-term between 0.6470–0.6515; longer-term range seen at 0.6445–0.6555.
