July 29 Forex Report | Dollar Slips Ahead of FOMC as Rate-Hike Odds Near 30%
The dollar edged lower as softer hiring reduced Fed rate-hike odds to about 30%, with the FOMC, Treasury yields and June PCE data in focus.
The dollar edged lower as softer hiring reduced Fed rate-hike odds to about 30%, with the FOMC, Treasury yields and June PCE data in focus.
The dollar rebounded as U.S. rate expectations outweighed energy prices, while yen pressure and intervention risk kept the Fed and Bank of Japan in focus.
The dollar's pullback stayed modest as lower oil prices eased safe-haven demand, while Fed rate-hike expectations and ceasefire doubts limited losses.
WTI and Brent fell as U.S.-Iran attacks paused, but weak Hormuz traffic and tight physical supply kept shipping risks and Fed inflation concerns in focus.
The dollar rebounded as Treasury yields rose and U.S.-Iran tensions persisted, while the ECB held rates and kept a September hike on the table.
WTI and Brent surged as Hormuz, Red Sea, and CPC disruptions intensified supply concerns, with U.S. PMIs and the oil rig count next in focus.
The Dollar Index slipped near 101 as soft U.S. inflation offset safe-haven demand; USD/JPY rose above 163, raising intervention risk before the ECB decision.
WTI and Brent extended gains as tanker attacks and fading U.S.-Iran diplomacy raised supply risks, while low inventories kept the market vulnerable.
The dollar gained on safe-haven demand and elevated Treasury yields, pushing USD/JPY above 163 and raising the risk of possible Japanese intervention.
WTI and Brent rose more than 2% as Hormuz and Red Sea threats raised supply risks, while ceasefire hopes and upcoming EIA data capped the rally.
The dollar recovered as U.S.-Iran tensions, higher oil prices and Fed rate-increase risks supported demand, with U.K., eurozone and U.S. data in focus.
WTI and Brent rose as U.S.-Iran diplomacy limited panic buying, while Hormuz shipping threats and historically thin supply buffers kept risks elevated.
Brent topped $90 and WTI $85 as U.S.-Iran escalation restricted Hormuz traffic, while prolonged high fuel prices could eventually weaken demand.
WTI and Brent fell as limited Hormuz traffic continued and ample supply capped risk premiums, while refining constraints kept fuel markets tight.
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