AUD/USD corrects lower after breaking May high as 200-hour moving average becomes key level
AUD/USD has pulled back from a 0.7207 high after breaking above its May peak. The 200-hour moving average near 0.7150…
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USD/CAD Climbs Toward 100-Day Moving Average as Fed’s Warsh Turns Hawkish
USD/CAD pushed to a fresh session high as a stronger US dollar and a jump in US yields lifted the…
Bessent defends yen intervention, warns of US borrowing cost risks
Treasury Secretary Scott Bessent has defended the US intervention to support the yen in late July, telling Senator Elizabeth Warren…
Japan’s $96 billion yen defense fails to hold the line at 160 per dollar
Japan's Ministry of Finance has spent close to $96 billion defending the yen in 2026, yet the currency keeps sliding…
Dollar Rises to Session High After Warsh Signals Possible Rate Hike
The dollar climbed to a session high on Friday after Federal Reserve Chair Kevin Warsh hinted that rate hikes may…
