Japanese Yen Hovers Near Daily Low Against USD, US Election Concerns Lend Support
Japanese Yen Hovers Near Daily Low Against USD, US Election Concerns Lend Support The Japanese Yen (JPY) holds steady, drifting further from a one-week low against the US Dollar (USD) touched on Monday, as expectations rise that Japan’s political landscape may complicate future rate hikes by the Bank of Japan (BoJ). However, BoJ Governor Kazuo […]
Australian Dollar Holds Gains Following Hawkish RBA Comments, Focus Shifts to US Election
Australian Dollar Holds Gains Following Hawkish RBA Comments, Focus Shifts to US Election The Australian Dollar (AUD) remains steady after gains from improved Purchasing Managers Index (PMI) data released on Tuesday. The Reserve Bank of Australia (RBA) held its Official Cash Rate (OCR) at 4.35% for an eighth consecutive pause in November, and it’s expected […]
USD/CHF Stays Below 0.8650 as Market Caution Intensifies Ahead of US Presidential Election
USD/CHF Stays Below 0.8650 as Market Caution Intensifies Ahead of US Presidential Election USD/CHF remains steady around 0.8640 in Asian trading hours on Tuesday, following losses in the previous session. The US Dollar (USD) is holding its ground as market participants exercise caution amid uncertainties surrounding the upcoming US presidential election. Additionally, rising US Treasury […]