The USD/CHF pair is currently positioned in positive territory at approximately 0.7960 during the early European session on Wednesday, supported by a rebound in the US Dollar. However, the potential for a US Federal Reserve interest rate cut next year may exert downward pressure on the Greenback relative to the Swiss Franc. The Swiss National … Read more
EUR/USD remains steady at approximately 1.1750, showing little movement following the recent US jobs report, which bolstered the likelihood that the Federal Reserve may persist with its easing cycle into the upcoming year. As of the current moment, the pair has recorded slight losses of 0.04%. EUR/USD remains stable as US employment figures bolster anticipations … Read more
The USD/JPY pair exhibits some indecision following an initial surge, yet the prevailing support levels and yield differentials remain advantageous for the dollar. Carry trade dynamics and structural Japanese policy constraints indicate that pullbacks continue to present favorable buying opportunities. The US dollar initially attempted to strengthen against the Japanese yen but subsequently reversed, indicating … Read more
EUR/USD remains stable above the 1.1700 level on Monday as the US Dollar shows signs of weakness, with market participants anticipating the upcoming Nonfarm Payrolls report on Tuesday. As of the current moment, the pair is trading at 1.1739, remaining stable. EUR/USD is currently positioned at 1.1739 as the Dollar experiences a decline, with the … Read more
The USD/CHF remains stable around 0.7960 in the early European session on Monday. Nonetheless, the possible upside for the pair could be constrained as market participants adopt a cautious stance in anticipation of significant economic data releases scheduled for later this week. The employment reports for the United States for the months of October and … Read more
EUR/USD remains steady at approximately 1.1741 on Friday, showing little movement, as a series of Federal Reserve officials make statements, following the 25 basis points rate cut announced last Wednesday. Federal Reserve representatives emphasize worries about inflation, solidifying a cautious approach following the rate reduction on Wednesday. The attention of the market shifts towards postponed … Read more
The USD/JPY experienced a significant decline, subsequently bouncing back from the 155 level, which remains a robust support point. The Bank of Japan’s decision to refrain from tightening, coupled with the Federal Reserve’s indications of uncertainty, positions the pair as a favorable buy-on-dips opportunity within a context of volatile consolidation. The US dollar has experienced … Read more
EUR/USD shows an upward movement during the North American session on Thursday, increasing by 0.41% following the Federal Reserve’s decision to lower interest rates, coupled with the release of disappointing job data in the United States. Currently, the pair is trading at 1.1742, having recovered from daily lows of 1.1682. The Euro gains traction amid … Read more
The GBP/USD pair is currently positioned in negative territory around 1.3365 during the early hours of European trading on Thursday, influenced by the rebound in the US Dollar. Nonetheless, the potential downside could be constrained following the US Federal Reserve’s decision to implement a rate cut during its December policy meeting. Market participants prepare for … Read more
EUR/USD experienced a notable increase of over 0.59% on Wednesday following the Federal Reserve’s anticipated rate cut. This “dovish hold” led traders to move away from the Dollar and invest in the Euro. Currently, the pair is trading close to daily highs of 1.1695, following a rebound from daily lows of 1.1620. The EUR/USD pair … Read more