The USD/JPY pair has weakened to approximately 159.35 during the Asian trading session on Thursday. Trump stated that the ceasefire established on April 7 would remain in effect indefinitely. The BoJ is anticipated to keep its policy rate steady at 0.75% in the upcoming April meeting. The USD/JPY pair experiences a decline, hovering around 159.35 … Read more
EUR/USD moves upward, approaching 1.1710 during the early hours of Thursday’s Asian session. Trump indicated that he has not established a definitive timeline for receiving a proposal from Iran. ECB’s Kazaks stated that the central bank possesses the ‘luxury’ to postpone interest rate increases. The EUR/USD pair shows resilience, approaching 1.1710 in the early Asian … Read more
The euro is experiencing a drop, hovering around 1.1750 in the early Asian session on Wednesday. Trump declared that the ceasefire with Iran will be extended, depending on the progress of negotiations between the two countries. Iran’s military has issued a warning about a major offensive directed at certain targets, referencing ongoing threats from Trump. … Read more
The USD/JPY pair rose to 159.36 in the middle of the week, as the Japanese yen weakened for the second day in a row. The market is currently factoring in the Bank of Japan’s policy outlook in anticipation of next week’s meeting. The regulator is expected to maintain current rates as it assesses the economic … Read more
EUR/USD experiences a decline, settling near 1.1785 during the early hours of Tuesday’s Asian session. Iran’s chief negotiator asserts that Tehran will not engage in discussions while under duress. The expectation is that the ECB will maintain the current rates in April. The EUR/USD pair is experiencing slight declines, hovering around 1.1785 in the early … Read more
On Tuesday, GBP/USD was observed at 1.3515, reflecting a strengthening of the US dollar. The pound faced increased pressure at the beginning of the week due to a significant escalation in the US-Iran conflict, as market participants expressed concerns over the potential collapse of the truce and shifted their investments towards safe-haven assets. Heightened tensions … Read more
EUR/USD experienced an upward movement on Monday following a correction, trending towards 1.1759. Previously, the US dollar had somewhat recovered after last week’s drop, bolstered by a heightened demand for safe-haven assets due to the intensifying US-Iran conflict. Donald Trump stated that the US Navy engaged and detained an Iranian vessel in the Gulf of … Read more
USD/JPY shows resilience around the 159.00 mark during the early European session on Monday. Iran has issued a warning regarding potential retaliation following the US’s action in seizing the ship. BoJ’s Ueda refrained from suggesting an April rate hike; Japanese authorities remain vigilant regarding potential FX intervention. The USD/JPY pair is currently positioned in positive … Read more
The EUR/USD pair experiences a decline, settling near 1.1780 during the early hours of the Asian session on Friday. Trump indicated that a permanent ceasefire between the US and Iran could be achievable, yet significant uncertainty persists. ECB policymakers continue to adopt a data-driven strategy. The EUR/USD pair is currently positioned in negative territory, hovering … Read more
The USD/JPY pair is advancing, approaching the level of 159.35 during the Asian session on Friday. Trump indicated that the upcoming meeting between the US and Iran could occur this weekend. Japan’s Katayama suggested the possibility of JPY intervention following discussions with the US counterpart. The USD/JPY pair shows resilience, trading at approximately 159.35 during … Read more