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USD/CHF gave back gains as dollar weakened after selloff and yen-intervention fears; traders eye options.
EUR/USD edged higher near 1.1500 as Fed holds, ECB hike odds rise, and volatility looms.
USD/JPY whipsawed on Japan intervention reports; unilateral action buys time, trend stays bullish absent Fed pivot.
EUR/USD eases toward 1.15; CPI steady, ECB quiet; traders eye 1.1450–1.1550 range and options strategies.
Canada’s GDP rose in May and June, boosting Q2 growth, strengthening CAD, while trade tensions threaten exporters.
Michigan Consumer Expectations beat July forecasts at 55.4, bolstering consumer resilience and supporting higher-for-longer rate bets.
Trade session highlights: fading GBP/EUR rallies, dollar-metal correlation, USD/JPY and AAPL tops, Grains Report volatility.
Sterling dipped near 1.3445 as BoE hike odds fell; Middle East tensions boosted dollar, volatility hedges.
Euro slips below 1.1500 as dollar rebounds; Middle East tensions and hawkish Fed lift greenback. Volatility.
USD/CAD rebounded as strong US dollar and Fed hike odds outweighed Canada’s GDP growth and oil volatility.
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