EUR/USD Back Above 1.1350 with Eyes on Fed


The euro rose for a second day against the dollar on Tuesday before a meeting of the U.S. Federal Reserve that may push back expectations for when U.S. interest rates will start to rise.

The Swiss franc fell after the Swiss National Bank said it was ready to intervene in the market to curb gains by the currency since it lifted its cap on the franc’s value. The franc lost 2 percent against the euro to trade as low as 1.03845.

The euro rose as much as 0.9 percent to trade at $1.13455, lifting it further from an 11-year trough of $1.1098 reached on Monday, when it became clear that Greece had voted in a new anti-bailout government.

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USD/JPY breaches 154.00 as sell-off intensifies on Israel-Iran escalation

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USD/JPY is trading below 154.00 after falling hard on confirmation of reports of an Israeli missile strike on Iran, implying that an open conflict is underway and could only spread into a wider Middle East war. Safe-haven Japanese Yen jumped, helped by BoJ Governor Ueda's comments. 

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Gold price has caught a fresh bid wave, jumping beyond $2,400 after Israel's retaliatory strikes on Iran sparked a global flight to safety mode and rushed flows into the ultimate safe-haven Gold. Risk assets are taking a big hit, as risk-aversion creeps into Asian trading on Friday. 

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WTI surges to $85.00 amid Israel-Iran tensions

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Western Texas Intermediate, the US crude oil benchmark, is trading around $85.00 on Friday. The black gold gains traction on the day amid the escalating tension between Israel and Iran after a US official confirmed that Israeli missiles had hit a site in Iran.

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Dogwifhat price recorded an uptick on Thursday, going as far as to outperform its peers in the meme coins space. Second only to Bonk Inu, WIF token’s show of strength was not just influenced by Bitcoin price reclaiming above $63,000.

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