EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Gives Back a Bit for the Week – FX Empire
The US Dollar experienced a slight pullback this week against the Euro, Japanese Yen, and Australian Dollar. The EUR/USD, USD/JPY, and AUD/USD pairs all saw some movement as the US Dollar lost some ground.
In the EUR/USD pair, the Euro gained strength against the US Dollar, pushing the pair higher. The USD/JPY pair also saw the Japanese Yen strengthen against the US Dollar, leading to a slight decline in the pair. Meanwhile, the AUD/USD pair experienced some volatility as the Australian Dollar fluctuated against the US Dollar.
Overall, the US Dollar gave back some of its recent gains this week, as it faced pressure from other major currencies. Traders will be closely monitoring these pairs in the coming days to see how the US Dollar responds to ongoing market developments.