The US dollar weakened to a near one-week low after Fed Chair Powell hinted at additional rate cuts, while renewed US-China tensions weighed on sentiment. -vtmarkets.com
The dollar slipped on Monday as traders weighed the risk of a U.S. government shutdown and growing political pressure on the Federal Reserve. – vtmarkets.com
USDX steadied near 98.37 after upbeat US GDP and labour data trimmed expectations for aggressive Fed cuts. – vtmarkets.com
The Kiwi steadies near one-month lows after a sharp drop, weighed down by dovish RBNZ bets and cautious Fed signals. – vtmarkets.com
The greenback staged a rebound after Fed Chair Powell’s cautious remarks quelled aggressive rate-cut bets, pushing the USDX back above 97. – vtmarkets.com
The British pound edges lower after disappointing PMI figures and surging public borrowing data reignite concerns over the UK’s economic and fiscal outlook. – vtmarkets.com
EUR/USD trades near multi-year highs as the European Central Bank signals its rate cycle may be complete, while the Fed opens the door to further cuts. – vtmarkets.com
USD/JPY falls as the Bank of Japan holds rates and stirs markets with plans to offload ETFs and REITs. – vtmarkets.com
AUD/USD cools after weak labour data dent optimism. Markets lower expectations for a September rate cut but lean toward easing in November. – vtmarkets.com
GBP/USD hovers near 1.3640 after UK inflation prints in line with expectations, reinforcing bets that the Bank of England will keep rates unchanged. – vtmarkets.com
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