India FX Reserves, USD declined to $688.87B in July 28 from previous $698.19B

Aug 8, 2025

USD/JPY: Consolidation on the daily chart – OCBC

USD/JPY consolidated this week, in absence of fresh catalyst as markets await US CPI next Tuesday. Pair was last at 14784 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

USD: Trump gets his FOMC dove – ING

President Trump nominated Stephen Miran to fill the vacant FOMC seat until the end of January, pending Senate confirmation in September, ING's FX analyst Francesco Pesole notes.