FX News
FX News GBP/USD Eyes 1.3535 as Dollar Weakness Supports Sterling
GBP/USD begins the week of 10–14 August positioned around 1.3500, marking its peak since 15 July. Sterling is capitalising on the momentum generated by a significant drop in…
FX News USD/JPY Rises as Yen Weakness and Safe-Haven Dollar Demand Persist
The USD/JPY appreciates as divergent perspectives within the Bank of Japan regarding prospective rate increases maintain downward pressure on the Yen. Japan recorded an unforeseen current account deficit…
FX News USD/CHF Rises as Safe-Haven Demand Supports US Dollar
The USD/CHF has experienced an uptick, driven by increasing demand for the safe-haven US Dollar in the context of escalating tensions related to the US-Iran conflict and the…
FX News AUD/USD Declines as US Dollar Gains Safe-Haven Support
AUD/USD maintains its decline as the demand for the US Dollar as a safe haven increases, driven by escalating tensions between the US and Iran, along with risks…
FX News EUR/USD Declines as Middle East Tensions Shake Global Markets
EUR/USD depreciates as rising geopolitical tensions in the Strait of Hormuz disrupt global markets. Market caution rises as Iran considers banning US and Israeli ships and penalizing hostile…
FX News USD/CHF Rises as Safe-Haven Demand Grows
The USD/CHF pair experiences an uptick as rising concerns over the Middle East conflict enhance global demand for safe-haven assets, particularly the USD. Uncertainty surrounding the Federal Reserve’s…
FX News GBP/USD Slides on Safe-Haven Dollar Demand
Scotiabank analysts caution that the diminishing yield spreads between the UK and US are undermining the fundamental support for the British pound. Rising oil prices have rekindled concerns…
FX News USD/CAD Advances as Iran Tensions Lift Safe-Haven Demand
USD/CAD rises as uncertainty surrounding Federal Reserve rate hikes dampens broader market sentiment. Shipping restrictions in the Strait of Hormuz persist in exerting upward pressure on global energy…
FX News AUD/USD Holds Firm as Australia Trade Surplus Surges
Australia’s Trade Surplus reached A$1,929M in June, significantly surpassing expectations, propelled by a 9.6% increase in exports. An Iran-Oman shipping agreement in the Strait of Hormuz has diminished…
FX News USD/CHF Extends Decline as Safe-Haven Dollar Demand Fades
The USD/CHF pair experiences a decline as the US Dollar shows signs of weakening, attributed to a decrease in safe-haven demand. An agreement between Iran and Oman regarding…
FX News EUR/USD Rises as Weak U.S. Jobs Data Weighs on Dollar
The EUR/USD pair has strengthened, reaching approximately 1.1555 during the early hours of the Asian session on Thursday. US companies added 44,000 jobs in July, according to data.…
FX News USD/JPY Falls as Yen Gains on Intervention Support
USD/JPY softens to approximately 157.65 in the early Asian session on Thursday. Bessent stated that the US supported Japanese Yen intervention to assist in stabilising Asian currencies. The…
