FxAnalysis

EUR/USD continues to consolidate around 1.1586 ahead of critical Eurozone inflation and U.S. Fed minutes, with markets poised for a breakout from its recent tight range.

USD/ILS has rebounded from long-term lows but remains trapped in a bearish range as traders navigate global risk aversion and await clarity from the U.S. Federal Reserve.

USD/BRL rebounded from recent lows on Wednesday as risk sentiment remains cautious ahead of the Fed minutes and U.S. jobs data, with traders watching the 5.3000 level for short-term direction.

USD/INR dipped slightly on Tuesday but remains supported near 88.50, with the broader uptrend intact amid RBI intervention and continued global dollar strength.

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