Japanese Yen drifts lower ahead of US CPI inflation data, US-Iran talks
3 Articles
3 Articles
US CPI to jump on higher energy costs
CAD The Canadian dollar firmed modestly on Thursday as risk assets rallied and traders priced in a tentative peace deal, even as oil prices remained volatile. USDCAD drifted toward 1.38 as investors unwound safe‑haven dollar trades, though with the ceasefire still fragile and shipping through the Strait of Hormuz limited, oil markets remain susceptible to sharp swings, keeping the loonie sensitive to headlines. Today brings Canada’s March labour…
Japanese Yen drifts lower ahead of US CPI inflation data, US-Iran talks
The post Japanese Yen drifts lower ahead of US CPI inflation data, US-Iran talks appeared on BitcoinEthereumNews.com. The USD/JPY pair attracts some buyers to near 159.30 during the early European trading hours on Friday. A fragile ceasefire between the US and Iran provides some support to the US Dollar (USD) against the Japanese Yen (JPY). Traders await the crucial US Consumer Price Inflation (CPI) report later on Friday, which could provide d…
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