Bets against the greenback build ahead of US data dump
Betting against the US dollar increases ahead of US data releases.
Betting against the US dollar increases ahead of US data releases.
USDJPY tested key support but rebounded back above the 200-bar MA, reflecting indecisiveness.
The US Dollar Index has declined sharply and is trading near 98.40.
USD/JPY stalls below 156.00, supported by expectations of BoJ rate hike.
The NZDUSD is caught between key support and resistance, with indecision in the market.
AUD/USD is defending key support but faces resistance that could hinder upward movement.
GBP/USD approaches 1.3400 as traders prepare for a potential BoE cut.
The USDCAD maintains a downward bias, with sellers in control of the market.
The Japanese Yen strengthens after the Tankan survey, with USD/JPY hitting 155.
USD/CNH has fallen below 7.0500, its lowest since October 2024, due to weak economic data from China.
The Canadian Dollar continues to hold steady against the US Dollar, just below its estimated fair value.
Following a strong Q4 Tankan survey, USD/JPY trades near 155.00.
The USD is lower to start the week. Central bank movements are key for traders.
The US Dollar continues to edge lower, with focus shifting to upcoming U.S. economic data.
The Japanese Yen strengthens on improved data and heightened rate hike expectations from the BoJ which may influence US data this week.
The US Dollar is trading defensively against major currencies.
USD/CNH remains under pressure due to broad USD weakness.
The Yen strengthens to nearly 155.00 as positive Tankan data influences USD/JPY.
Market focus shifts to US macro data and Fed communication, with weak job growth expected.
USD/JPY remains range-bound ahead of the BOJ expected rate hike.