FX News
FX News USD/JPY Nears 160 as Japan Bond Yields Hit 3%
USD/JPY advances to approximately 159.85 during the early European session on Tuesday. Japan’s 10-Year bond yield has reached 3% for the first time since 1996. Bessent anticipates that…
FX News GBP/USD Slips as Middle East Tensions Lift Dollar
GBP/USD has weakened to approximately 1.3550 during the early Asian session on Tuesday. Trump indicated that Washington would take action in response to Iranian attacks on US forces.…
FX News USD/CHF Falls as Fed Hike Bets Ease
The USD/CHF experiences a decline as Jan Hatzius anticipates that the Federal Reserve will maintain its current interest rates unless forthcoming inflation data presents an unexpected increase. Jackson…
FX News USD/CAD Falls Toward 1.3890 as Oil Strengthens Canadian Dollar
USD/CAD declines to near 1.3890 in Monday’s Asian session. US military forces have conducted strikes on Iranian launchers located on Larak Island. Expectations for a September rate hike…
FX News EUR/USD Resilient Near 1.1590 as Hawkish Fed Tone Limits Upside
EUR/USD is showing resilience as it approaches 1.1590 during the early hours of the European session on Monday. Fed’s Warsh signalled that further tightening may be needed to…
FX News AUD/USD Holds Steady as China PMI and Fed Rate Bets Shape Outlook
After China’s mixed NBS Purchasing Managers’ Index results, AUD/USD is still stable. China’s August Manufacturing PMI increased to 49.8, exceeding expectations, whereas the Non-Manufacturing PMI remained unchanged at…
FX News AUD Rises as Strong Inflation Data Boosts RBA Rate Hike Bets
AUD appreciates as robust July inflation figures strengthen expectations for a rate increase by the Reserve Bank of Australia. Markets currently anticipate a rate increase in November, as…
FX News EUR/USD Rises as ECB Hawkishness Supports Euro
The EUR/USD pair experiences an upward movement, propelled by the hawkish stance of the European Central Bank, which has led to gains in the euro. Market participants are…
FX News GBP/USD Holds Near 1.3600 as BoE Rate Hike Bets Shift to 2027
Decreasing Brent crude prices have alleviated inflation concerns in the UK, leading to a shift in expectations regarding Bank of England rate hikes, now anticipated for 2027. Markets…
FX News GBP/USD Slips as Strong U.S. Inflation Supports Dollar
GBP/USD has seen a decline as the US Dollar maintains its strength, following July’s PCE inflation rate, which accelerated to 0.2%, surpassing market expectations. Oil prices declined following…
FX News USD/CHF Steady as Hotter Inflation Lifts Fed Hike Bets
USD/CHF remains steady following robust inflation data that bolsters expectations for an additional rate hike by the Federal Reserve. Diplomatic progress between Iran and Oman alleviates tensions in…
FX News AUD/USD Rises as RBA Rate Hike Bets Strengthen
AUD/USD remains resilient amid increasing expectations for rate hikes from the RBA, even in the face of disappointing capital expenditure figures. Hotter July inflation has led major banks…