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Source: Action Forex News Agency
3 weeks ago
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USD/JPY at Highest Level Since July: Carry Trade Weighs on the Yen

USD/JPY at Highest Level Since July: Carry Trade Weighs on the Yen

USD/JPY consolidated near 160.25 on Wednesday, hovering close to its highest level since late July. Pressure on the yen has intensified amid a global bond sell-off, with the yield on 10-year Japanese government bonds rising to 3% for the first time since 1996 – increasing the cost of servicing Japan's massive national debt and heightening concerns about fiscal sustainability.

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Source: ExchangeRates News Agency
3 weeks ago
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Euro Forecast: UBS Sees EUR/USD Returning Above 1.18

Euro Forecast: UBS Sees EUR/USD Returning Above 1.18

The Euro-Dollar rate has slipped to 1.1574, but UBS sees recovery towards 1.18–1.20 as limited policy divergence contains FX volatility. The Euro to Dollar (EUR/USD) exchange rate has fallen back to 1.1574 after its late-August recovery ran out of momentum above 1.17.

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EURUSD EUR/USD
Source: ExchangeRates
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Source: Action Forex News Agency
3 weeks ago
Forex Medium Importance AI Analyzed
Xau/USD Analysis: Gold's Rally Meets Reality as Fed Hike Odds Surge

Xau/USD Analysis: Gold's Rally Meets Reality as Fed Hike Odds Surge

Gold has hit a wall this week, sliding to two-week lows near $4,320 and posting an 8.7% drop from last week's three-month highs near $4,700. The catalyst is unmistakable: Fed Chair Warsh's hawkish Jackson Hole remarks, warning the Fed still has “work to do” without clearer evidence inflation is returning to target, sent September hike odds surging from roughly 36% before his speech to over 66% today.

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XAUUSD XAU/USD
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