FX News
FX News USD/JPY Falls as BoJ Rate Hike Bets Strengthen
USD/JPY declines to near 159.45 in Wednesday’s Asian session. Expectations surrounding a potential interest rate hike by the BoJ as early as September bolster the Japanese Yen. Traders…
FX News USD/CAD Falls as Oil Strengthens Canadian Dollar
USD/CAD remains subdued as robust crude oil prices bolster the Canadian Dollar. Geopolitical uncertainty drives demand for the safe-haven US Dollar, thereby limiting the losses of the USD/CAD…
FX News EUR/USD Pulls Back as Middle East Tensions Boost Dollar
The EUR/USD pair experiences a decline to approximately 1.1575, interrupting its three-day upward trend during the early European session on Tuesday. The Euro edges lower against the US…
FX News AUD/USD Rises as Fed Rate Hike Bets Fade
AUD/USD rises as diminishing expectations for a Federal Reserve rate hike maintain pressure on the US Dollar. Trump’s refusal to renew the Iran deal and naval blockades heighten…
FX News Pound Gains as Markets Cut Fed Rate Hike Bets
GBP/USD drifts higher to near 1.3550 in Tuesday’s early Asian session. Traders anticipate a mere 35% probability of a rate increase during the Federal Reserve’s September meeting. The…
FX News USD/JPY Falls as Weak Japan GDP and US Data Shift Rate Expectations
Japan’s Preliminary Q2 GDP increased by 0.3% on a quarter-over-quarter basis, falling short of the anticipated 0.5% growth. Annualised GDP reached 1.1%, complicating the Bank of Japan’s trajectory…
FX News EUR/USD Rises as Weak US Data Weigh on Dollar
EUR/USD advances slightly to approach 1.1575 during the early hours of Monday’s Asian session. The probability of a September Federal Reserve rate increase has decreased to 33.1%. The…
FX News USD/CAD Falls as Weak US Data and Rising Oil Boost the CAD
The USD/CAD has experienced depreciation, influenced by a series of weaker economic indicators from the United States, prompting traders to reassess their expectations regarding potential Federal Reserve rate…
FX News AUD/USD Rises as Hawkish RBA and Softer US Data Weigh on Dollar
The Reserve Bank of Australia’s aggressive policy approach strengthens the Australian dollar, which causes the AUD/USD ratio to rise. Analysts observe that the RBA upheld a hawkish stance,…
FX News EUR/USD Stays Near 1.15 Despite Softer US Inflation
EUR/USD stood at 1.1537 on Friday, as markets continued to analyse the latest economic data. Soft US inflation figures have diminished expectations for a Federal Reserve rate hike…
FX News AUD/USD Holds Near 0.7060 as US PPI Softens Fed Rate-Hike Bets
RBA’s Kent observed that rate hikes are having an effect, although additional increases could be on the table should new risks arise. Softer US PPI inflation data has…
FX News USD/CHF Dips as US Inflation Eases Fed Rate-Hike Hopes
Softer US inflation and flat wholesale prices exert downward pressure on the US Dollar. Expectations for a rate hike by the Federal Reserve in September have decreased to…
