EUR/USD drifts higher to near 1.1575 in the early Asian session on Friday. The ECB announced a quarter-point rate hike on Thursday, raising its deposit facility rate to 2.25%. Trump announced the cancellation of proposed military strikes against Iran. The EUR/USD pair strengthens to approximately 1.1575 in the early hours of Asian trading on Friday. … Read more
GBP/USD remains stable around 1.3415 during the early European session on Friday. The cross maintains a bearish sentiment below the 100-day SMA. The immediate resistance level is identified at 1.3420, while the initial downside target to monitor is 1.3343. The GBP/USD pair is trading in a stable manner around 1.3415 during the early European trading … Read more
EUR/USD shows resilience, climbing to approximately 1.1540 in the early hours of Thursday. The ECB is anticipated to increase interest rates on Thursday. US initiates new military actions against Iran, heightening concerns about an extended conflict in the Middle East. The EUR/USD pair is positioned in positive territory close to 1.1540 during the early hours … Read more
GBP/USD moves upward, approaching 1.3385 during the Asian session on Thursday. Traders increase their positions on US interest rate increases following positive US economic data. BoE officials indicated that the central bank is in “no rush to raise interest rates.” The GBP/USD pair shows resilience, moving towards 1.3385 during the Asian trading hours on Thursday. … Read more
The EUR/USD pair has softened to approximately 1.1540 during the early Asian session on Wednesday. The US initiated military strikes against Iran in response to the incident involving the downed helicopter. The ECB is anticipated to increase interest rates during its monetary policy meeting on Thursday. The EUR/USD pair experiences a decline in momentum, approaching … Read more
The USD/CHF pair is likely to experience an upward trajectory due to increased safe-haven demand stemming from escalating tensions in the Middle East. Iran’s IRGC executed a drone strike targeting the US Fifth Fleet stationed in Bahrain, marking a response to American military actions within Iranian territory. Traders anticipate that the Swiss National Bank will … Read more
EUR/USD has softened to approximately 1.1530 during the early Asian session on Tuesday. Israeli Prime Minister Netanyahu stated that the conflict with Iran and Hezbollah “has not yet ended.” The ECB is anticipated to increase its key interest rates by 25 basis points during its June meeting on Thursday. The EUR/USD pair is currently experiencing … Read more
USD/CHF inches lower as the US Dollar remains subdued amid easing Iran-Israel tensions and reduced safe-haven demand. The Greenback’s decline may face constraints due to uncertainties surrounding a ceasefire, with Netanyahu cautioning that the conflict with Iran and Hezbollah is far from over. SNB Chairman Martin Schlegel provided reassurance to markets, indicating that medium-term inflationary … Read more
EUR/USD moves up slightly to around 1.1535 during the early Asian session on Monday. Trump indicated that he will advise Netanyahu against retaliating against Iran. The ECB is anticipated to increase interest rates in light of the effects stemming from the Iran war. The EUR/USD pair is experiencing an upward trend, reaching approximately 1.1535 in … Read more
USD/JPY remains stable above 160.00, prompting heightened vigilance among traders regarding possible intervention from Japanese authorities. Japan’s Q1 GDP increased by 0.5% quarter-on-quarter, surpassing forecasts and showing an acceleration from Q4, marking its most robust growth since early 2025. Iran’s launch of multiple missile waves at northern Israel has heightened market anxiety. USD/JPY shows minimal … Read more