USD/JPY and USD/CAD Test Resistance Ahead of Fresh Fed Signals - ActionForex

USD/JPY Forex Forecast 30/07: Interest Rate Differential Kee

The US dollar initially was a bit weak on Wednesday but has since bounced a bit as we are waiting for the interest rate decision coming out of the Federal Reserve. USD/JPY The US dollar fell early against the Japanese Yen during the trading session on Wednesday as the market continues to see a lot of noisy behavior. Ultimately, this is a market that I think a lot of people will look at through the prism of the interest rate differential, and th…

USD/CAD market analysis: CAD holds key support

USD/CAD is trading near 1.4050, after slipping from the late-June high around 1.4250. The pair remains above its July low area, but the recovery attempts have been capped below the early-July...

USD/JPY and USD/CAD Test Resistance Ahead of Fresh Fed Signals - ActionForex

The US dollar continues to hold the upper hand against most major currencies ahead of the outcome of the latest Federal Reserve meeting. While the base-case scenario remains for interest rates to stay unchanged, markets are also pricing in the possibility of a rate hike. The Fed’s decision, together with its comments on inflation, economic […] The post USD/JPY and USD/CAD Test Resistance Ahead of Fresh Fed Signals appeared first on ActionForex.

USD/JPY and USD/CAD Test Resistance Ahead of Fresh Fed Signals

The US dollar continues to hold the upper hand against most major currencies ahead of the outcome of the latest Federal Reserve meeting. While the base-case scenario remains for interest rates to stay unchanged, markets are also pricing in the possibility of a rate hike. The Fed's decision, together with its comments on inflation, economic conditions and the future path of monetary policy, could determine the direction of the US dollar over the …