FX News
FX News GBP/USD Falls as UK Fiscal Concerns Weigh on Pound
GBP/USD softens to near 1.3210 in the early European session on Friday. The pair maintains a negative outlook beneath the 100-day SMA, coinciding with an oversold RSI condition.…
FX News USD/CAD Rises as Oil Falls and Fed Hike Bets Strengthen
The Canadian Dollar experiences a decline as oil prices fall, influenced by reports regarding US-Iran discussions aimed at reopening the Strait of Hormuz. Geopolitical tensions endure as Iran…
FX News AUD/USD Holds Near 0.70 as RBA Hike Bets Persist
AUD/USD trades flat near 0.7010 on Friday. China’s Xi said Washington-Beijing ties reach a new historical milestone; major breakthroughs are not expected. The RBA is expected to raise…
FX News EUR/USD Falls as Fed Hike Bets Strengthen Dollar
The EUR/USD pair has softened to approximately 1.1375 during the early Asian session on Friday. Market participants are assigning approximately a 67.5% probability to the Federal Reserve implementing…
FX News GBP/USD Falls as Strong US PMI Boosts Fed Rate Hike Bets
GBP/USD is experiencing slight declines, hovering near 1.3240 during the early European session on Thursday. Stronger US PMI has intensified expectations for a Federal Reserve rate increase. Financial…
FX News USD/JPY Slips Toward 157.85 as Yen Strengthens Amid Intervention Risks
USD/JPY has declined to approximately 157.85 on Thursday. Japan’s 10-year JGB yield increased by 8 basis points to 3.055%, marking its highest level since August 1996. Fed’s Barr…
FX News USD/CAD Holds Near 1.4100 as Fed Rate-Hike Bets Support the Dollar
The Canadian Dollar remains resilient against the US Dollar, despite ongoing uncertainties in the geopolitical oil market. The ongoing tension between Iran and the United States, coupled with…
FX News USD/CHF Slips as Dollar Rally Pauses Ahead of SNB Rate Decision
The SNB is anticipated to maintain its policy rate at 0% on September 24, although projections may still be subject to change. The US Dollar halted its three-day…
FX News USD/JPY Rises as Yen Weakness Follows BoJ Rate Hike
USD/JPY edges higher to near 157.60 in Wednesday’s early Asian session. The recent rate hike by the Bank of Japan was accompanied by two dovish dissents, which has…
FX News USD/CHF Rises as Fed Rate Hike Bets Support Dollar
The USD/CHF pair experiences an uptick as the US Dollar appreciates, following indications from the Federal Reserve of a possible additional rate hike before the end of the…
FX News AUD/USD Falls as Weak Australian PMIs Boost Dollar
Australia’s manufacturing, services, and composite PMIs all experienced a decline in September, exerting significant pressure on the AUD. The US Dollar gains strength as the Federal Reserve signals…
FX News EUR/USD Falls as Fed Hawkishness Weighs on Euro
EUR/USD softens to approximately 1.1445 during the early Asian session on Wednesday. Fed’s Collins delivered hawkish remarks, indicating her support for a rate hike. Merz’s party experienced a…
