USD/JPY is experiencing modest gains, hovering around 161.80 during the Asian session on Monday. The US and Iran seem to be resuming discussions aimed at concluding the conflict. Traders are closely monitoring the situation for potential Japanese Yen intervention, given the currency’s significant volatility around the 162.00 psychological threshold. The USD/JPY pair records slight increases … Read more
EUR/USD has declined to approximately 1.1365 during the early Asian session on Friday. The US PCE price index experienced a year-on-year increase of 4.1% in May. Markets reduce expectations for future ECB rate increases after cautious remarks from policymakers. The EUR/USD pair is experiencing a decline, trading at approximately 1.1365 during the early hours of … Read more
USD/CHF is strengthening as expectations for a Fed rate hike continue to rise. The CME FedWatch tool indicates that markets are assigning a 63.4% likelihood to an interest rate hike in September. Swiss investor sentiment experienced a significant decline, dropping to -25.0 in June from -11.1 in May, and continues to reside firmly in negative … Read more
EUR/USD is advancing towards 1.1370 during the early European session on Thursday. The bearish outlook of the major pair remains intact below the key 100-day SMA, with oversold RSI momentum. The initial support level to monitor is 1.1350; the first upside barrier is identified at 1.1411. The EUR/USD pair is currently positioned in positive territory, … Read more
GBP/USD has shown a recovery, currently trading near 1.3175 during the Asian session on Thursday. UK Prime Minister Keir Starmer resigned on Monday, resulting in an abrupt upheaval in UK politics. Traders will monitor the upcoming US PCE Price Index report for May, scheduled for release on Thursday. The GBP/USD pair has regained some of … Read more
The EUR/USD pair has experienced a decline, settling at approximately 1.1380 during the early hours of the Asian session on Wednesday. Trump asserted that Iran consented to an increase in United Nations nuclear inspections. Anticipations surrounding potential rate increases in the United States may bolster the value of the US Dollar. The EUR/USD pair is … Read more
USD/JPY remains stable around 161.60 during the early hours of Wednesday’s Asian session. Traders are reevaluating the timing of potential US interest rate increases following the Federal Reserve’s assertive indication. Prospects for intervention have increased following discussions between Katayama and Bessent. The USD/JPY pair is exhibiting a stable performance, hovering around 161.60 in the early … Read more
EUR/USD remains within a narrow range as market participants observe the developments in the diplomatic discussions between Washington and Tehran taking place in Switzerland. US Vice President JD Vance observed that negotiations have achieved “great progress,” notwithstanding some persistent friction. ECB President Lagarde characterised inflation as “too large to ignore,” while also noting the absence … Read more
GBP/USD remains weak around 1.3245 in Tuesday’s early Asian session. UK Prime Minister Keir Starmer has resigned, indicating a phase of political instability. The Fed maintains its current interest rates, yet indicates the possibility of a future increase. The GBP/USD pair experiences a decline, approaching 1.3245 in the early hours of trading on Tuesday in … Read more
The EUR/USD pair has experienced a decline, approaching the 1.1465 level during the early European session on Monday. The pair maintains a bearish sentiment, with downside pressure dominating as the RSI remains below the midline. The initial downside target to monitor is 1.1450, while the immediate resistance level is identified at 1.1570. The EUR/USD pair … Read more