The EUR/USD pair experienced a decline during the North American session, falling by 0.75%. This movement is attributed to a broader strengthening of the US Dollar, influenced by Trump’s moderate-hawkish selection to head the Federal Reserve and an inflation report that supports the case for maintaining steady interest rates by the Federal Reserve. Currently, the … Read more
GBP/USD shows a decline, trading near 1.3760 during the early European session on Friday. The US Senate is preparing to deliver a spending agreement to the House as efforts intensify to prevent a government shutdown. The Bank of England is anticipated to maintain the bank rate at 3.75% during its upcoming meeting next week. The … Read more
The EUR/USD pair advances to approximately 1.1965 in the early Asian session on Friday. Unpredictable US trade policy and concerns regarding the independence of the Federal Reserve exert pressure on the US Dollar in comparison to the Euro. EUR/USD shows resilience near 1.1965 during the early hours of Friday’s Asian session. Uncertainties surrounding US trade … Read more
The USD/CHF pair has softened to approximately 0.7650 during the early European session on Thursday. The US Dollar faces pressure from unpredictable trade policy, concerns regarding the independence of the Federal Reserve, and various geopolitical risks. The Federal Reserve maintained the benchmark federal funds rate at its existing range of 3.5% to 3.75% during the … Read more
On Wednesday, EUR/USD experienced a decline exceeding 0.60%, trading below the 1.2000 level. This movement comes as the Federal Reserve maintains its current interest rates, with Fed Chair Jerome Powell opting not to address political inquiries, thereby adopting a neutral position on monetary policy. Currently, the pair is trading at 1.1955. The EUR/USD pair experiences … Read more
The USD/JPY pair opened with a downside gap, extending the selling pressure that began late Friday, as traders continue to position around the broader “sell America” narrative and speculation surrounding an upcoming Federal Reserve rate check. Volatility increased after reports indicated that the Federal Reserve Bank of New York had requested a rate check on … Read more
The EUR/USD surged to a new five-year high of 1.2082 on Tuesday following comments from US President Donald Trump, who indicated that he does not believe the Dollar has depreciated excessively. This sentiment led to a sell-off of the Greenback, which has declined by more than 1.31% for the day. Currently, the pair is trading … Read more
The GBP/USD pair is on the rise, nearing 1.3685, which is the peak level since September 17, 2025, during the early European session on Tuesday. The Pound shows an upward movement against the US Dollar following the release of stronger-than-anticipated UK Retail Sales and Purchasing Managers’ Index figures. These positive reports have led some experts … Read more
The Euro experienced an increase of over 0.39% on Monday as the Greenback showed signs of weakness, influenced by a sell-off driven by US geopolitical concerns and speculation regarding a potential coordinated intervention in the foreign exchange markets by the US and Japan. The EUR/USD is currently positioned at 1.1872, following a rebound from daily … Read more
The GBP/USD pair is currently trading in positive territory, hovering around 1.3660, marking its highest level since September 17, 2025, during the early European session on Monday. The Pound Sterling rises against the Greenback following stronger-than-anticipated UK Retail Sales and Purchasing Managers Index data. Traders are poised to monitor the US November Durable Goods Orders … Read more