USD/JPY remains stable above 160.00, prompting heightened vigilance among traders regarding possible intervention from Japanese authorities. Japan’s Q1 GDP increased by 0.5% quarter-on-quarter, surpassing forecasts and showing an acceleration from Q4, marking its most robust growth since early 2025. Iran’s launch of multiple missile waves at northern Israel has heightened market anxiety. USD/JPY shows minimal … Read more
EUR/USD remains steady around 1.1620 during the early hours of the Asian session on Friday. Market participants will pay keen attention to the forthcoming release of the US employment figures for May on Friday. The ECB is anticipated to increase its deposit rate to 2.25% during its June meeting. The EUR/USD pair remains stable at … Read more
The USD/JPY pair has experienced a depreciation, influenced by concerns over potential intervention and robust wage data that bolster the Japanese Yen. Finance Minister Katayama issued a caution regarding potential intervention as the Yen approached 160 per Dollar, indicating readiness to take action if necessary. Japan’s foreign reserves decreased by USD 77.11 billion, reaching USD … Read more
The EUR/USD pair has rebounded from the 1.1600 level, climbing to 1.1630, effectively reversing the losses observed on Tuesday. A ceasefire between Israel and Lebanon has impacted the safe-haven US Dollar on Thursday. Retail sales in the Eurozone experienced a decline that exceeded expectations in April. The Euro is rallying against a weaker US Dollar … Read more
The USD/CHF pair experiences a decline as the US Dollar encounters difficulties amid a reduction in risk aversion, following the renewal of the ceasefire between Israel and Lebanon on Wednesday. The Greenback may regain its ground as robust May jobs data bolsters expectations for an interest rate hike by the Fed. Schlegel recently stated that … Read more
The EUR/USD pair experiences depreciation as tensions in the Middle East catalyse an increased demand for the robust US Dollar, often regarded as a safe haven in times of uncertainty. CENTCOM announced it successfully intercepted multiple Iranian missile and drone strikes targeting Kuwait and Bahrain. The US Dollar maintains its strength as the closure of … Read more
GBP/USD remains steady as a robust US Dollar attracts safe-haven interest amid halted US-Iran peace negotiations and escalating tensions in the Middle East. Closing the Strait of Hormuz leads to an increase in energy prices and inflation, which in turn sustains elevated Fed interest rates for an extended period. BoE’s Megan Greene adopted a more … Read more
EUR/USD is experiencing slight increases, hovering around 1.1635 during the early hours of Tuesday’s Asian session. Renewed tensions in the Middle East may exert pressure on the Euro, given its status as a riskier asset. ECB’s Schnabel cautioned that the shock can no longer be overlooked. The EUR/USD pair shows slight increases near 1.1635 in … Read more
USD/CHF stabilises as the US Dollar receives safe-haven support after reports indicate that Iran has halted indirect negotiations with America. The Greenback experienced an uptick as renewed tensions in the Middle East heightened inflation concerns and bolstered expectations for sustained elevated interest rates from the Federal Reserve. Despite a slight underperformance in GDP, Swiss consumer … Read more
The EUR/USD pair experiences a decline as the US Dollar gains strength, influenced by traders evaluating the latest developments in the ongoing US-Iran peace negotiations. Trump aims to modify the terms of the proposal concerning the Strait of Hormuz and the elimination of Iran’s highly enriched uranium. In May, inflation experienced an uptick throughout southern … Read more