Aisha Amajida

The UK Unemployment Rate increased, prompting the Pound Sterling to fall ahead of tomorrow's UK inflation data release.

The US dollar did not react to the news of the Israeli-Iranian clash. Some are even relieved at the lack of signs of conflict escalation.

The market was more confident in buying the US dollar, as some Federal Reserve officials emphasized the importance of patience in policy making.

AUDUSD's rebound attempt was derailed by the publication of China's Trade Balance. The Asian economic giant may not experience a recovery as previously expected.

A UK central bank official dismissed speculation of an earlier rate cut than the Fed. However, GBP/USD remained under pressure.

Today's ECB announcement weakened the euro against all other major currencies.

The rise in US inflation far exceeded many people's expectations, triggering significant changes in the US dollar exchange rate and the Fed's interest rate expectations.

US Dollar traders need additional data to reconfirm the timing of the Fed's rate cut and determine the greenback's next direction.

The fantastic NFP release has prompted the market to change expectations of future Fed rate cuts while supporting the US dollar ahead of the release of CPI inflation data.

A former Japanese currency diplomat hinted that the authorities may not intervene if USD/JPY only breaks the 152 threshold.