The dollar retreated after possible Japanese intervention
EUR/USD 🔼
GBP/USD 🔼
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔽
XAU 🔼
WTI 🔼
Last week, the Yen/Dollar pair have went above the 150.0 level, then it plunged to a low of 146.31 and recovered to 147.64. As the market believed the Bank of Japan had intervened to prevent further depreciation, more is expected ahead of the Federal Reserve interest rate decision. Meanwhile, USD/CAD dropped to 1.3638.
In the UK, the race for the newly vacated position of Prime Minister is likely a two-horse race, upon the decision from Boris Johnson to withdraw his candidacy. GBP/USD rebounded from 1.1074 to 1.1302, as the Euro surged from 0.9713 to 0.986 versus the greenback.
AUD/USD met resistance at 0.6400 and closed at 0.6377. Gold price climbed almost $30 to 1,657.82 per ounce, thanks to a weakened dollar. WTI oil futures slightly increased to $85.05 a barrel.
GBP/USD 🔼
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔽
XAU 🔼
WTI 🔼
Last week, the Yen/Dollar pair have went above the 150.0 level, then it plunged to a low of 146.31 and recovered to 147.64. As the market believed the Bank of Japan had intervened to prevent further depreciation, more is expected ahead of the Federal Reserve interest rate decision. Meanwhile, USD/CAD dropped to 1.3638.
In the UK, the race for the newly vacated position of Prime Minister is likely a two-horse race, upon the decision from Boris Johnson to withdraw his candidacy. GBP/USD rebounded from 1.1074 to 1.1302, as the Euro surged from 0.9713 to 0.986 versus the greenback.
AUD/USD met resistance at 0.6400 and closed at 0.6377. Gold price climbed almost $30 to 1,657.82 per ounce, thanks to a weakened dollar. WTI oil futures slightly increased to $85.05 a barrel.