The EUR/USD pair is experiencing slight upward movement, currently positioned at approximately 1.1655 during the early hours of the Asian trading session on Friday. The US and Iran have arrived at a preliminary accord; however, the agreement awaits the necessary approval from Trump. The annual US PCE rates aligned with forecasts; however, the monthly figures … Read more
The EUR/USD remains steady at approximately 1.1640 during the early Asian session on Wednesday. Iran has issued a warning of potential retaliation following the US airstrikes on missile sites and mine-laying vessels. ECB’s Villeroy stated that the central bank will take the necessary measures to control inflation. The EUR/USD pair is currently trading in a … Read more
EUR/USD declines as a strong US Dollar receives backing from increasing expectations of a more aggressive Federal Reserve approach. President Trump will officially appoint Kevin Warsh as the chair of the US Federal Reserve on Friday at the White House. The Euro declined as preliminary PMI data indicated that the Euro Area economy is contracting … Read more
USD/JPY remains stable around 159.05 during the early hours of Wednesday’s Asian session. Trump indicated that a new US attack could occur in the coming days if an agreement is not achieved. Market participants paid little attention to the robust Japanese GDP growth figures; however, apprehensions regarding potential intervention may continue to support the Japanese … Read more
The EUR/USD pair experiences a downturn, approaching 1.1645 during the early hours of Tuesday’s Asian session. Trump indicated that he decided against a new military action in Iran following a request from the Gulf states. ECB policymakers suggested a potential interest rate increase to address persistent inflation expectations. The EUR/USD pair is currently positioned in … Read more
EUR/USD weakens to approximately 1.1735 during the early Asian session on Wednesday. The US Consumer Price Index increased by 3.8% year-over-year in April, marking the highest level since May 2023. According to ECB’s Nagel, the likelihood of rate hikes is on the rise. The EUR/USD pair is currently positioned in negative territory, trading around 1.1735 … Read more
The EUR/USD pair is showing a modest increase, trading near 1.1730 in the early hours of the Asian session on Friday. Growing optimism surrounding a potential peace agreement between the US and Iran is bolstering the Euro. The upcoming April NFP report from the US is poised to draw considerable focus this Friday. The EUR/USD … Read more
The GBP/USD pair is showing modest gains, trading near 1.3560 in the early hours of the Asian session on Friday. Trump indicated that the accord with Iran is still active. Market participants are gearing up for the forthcoming US Nonfarm Payrolls report set to be released later on Friday. The GBP/USD pair shows a modest … Read more
The USD/JPY is currently trading in a stable manner around 157.25 during the early hours of Tuesday’s Asian session. Increasing tensions in the Middle East may strengthen the US Dollar. Markets are currently exhibiting heightened vigilance in response to potential interventions by Japanese authorities. The USD/JPY pair remains stable at approximately 157.25 during the Asian … Read more
The EUR/USD pair experiences a decline, settling near 1.1780 during the early hours of the Asian session on Friday. Trump indicated that a permanent ceasefire between the US and Iran could be achievable, yet significant uncertainty persists. ECB policymakers continue to adopt a data-driven strategy. The EUR/USD pair is currently positioned in negative territory, hovering … Read more