Citi analysts predict that rising Brent crude prices will maintain the USD/JPY exchange rate above a key average, influencing market dynamics.
The British pound is stabilizing near a weekly high as US inflation data affects the dollar's value, leading traders to reassess their strategies.
Asian currencies decline as investors react to ceasefire uncertainty in Iran and brace for upcoming US CPI data that might impact monetary policy.
UBS analysts expect the EUR/SEK pair to strengthen as inflation data falls short, suggesting a favorable shift in monetary policy and interest rates.
UBS analysts expect the Swiss franc's recent weakness to wane as month-end flows stabilize, hinting at potential recovery for the currency soon.
The British pound fell as investors favored the dollar amid a fragile ceasefire, highlighting ongoing concerns over economic stability and currency dynamics.
Asian currencies stabilize after notable gains, influenced by US-Iran ceasefire uncertainty, as traders remain watchful of geopolitical tensions.