FX Rate Updates

EUR/USD Slips as Middle East Tensions Boost Dollar

The EUR/USD pair has softened to approximately 1.1540 during the early Asian session on Wednesday. The US initiated military strikes against Iran in response to the incident involving the downed helicopter. The ECB is anticipated to increase interest rates during its monetary policy meeting on Thursday. The EUR/USD pair experiences a decline in momentum, approaching … Read more

FX Rate News

USD/CHF Rises on Safe-Haven Dollar Demand

The USD/CHF pair is likely to experience an upward trajectory due to increased safe-haven demand stemming from escalating tensions in the Middle East. Iran’s IRGC executed a drone strike targeting the US Fifth Fleet stationed in Bahrain, marking a response to American military actions within Iranian territory. Traders anticipate that the Swiss National Bank will … Read more

FX Rate News

Swiss Franc Stabilises as Safe-Haven Demand Dips for US Dollar

USD/CHF inches lower as the US Dollar remains subdued amid easing Iran-Israel tensions and reduced safe-haven demand. The Greenback’s decline may face constraints due to uncertainties surrounding a ceasefire, with Netanyahu cautioning that the conflict with Iran and Hezbollah is far from over. SNB Chairman Martin Schlegel provided reassurance to markets, indicating that medium-term inflationary … Read more

Fx Rate Updates

EUR/USD Rises as Trump Urges Israel Restraint

EUR/USD moves up slightly to around 1.1535 during the early Asian session on Monday. Trump indicated that he will advise Netanyahu against retaliating against Iran. The ECB is anticipated to increase interest rates in light of the effects stemming from the Iran war. The EUR/USD pair is experiencing an upward trend, reaching approximately 1.1535 in … Read more

FX Rate Updates

USD/JPY Trades Firm as BOJ Hike Bets Rise

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

FX Rate Updates

EUR/USD Climbs as Markets Welcome Ceasefire Progress

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

Fx Rate

EUR/USD Under Pressure Ahead of ECB Decision

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

Fx Rate

EUR/USD Slips as Strong Dollar and Hawkish Fed Outlook Weigh on Euro

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

FX Rate Updates

USD/JPY Near 159 Ahead of Japan CPI Data

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

FX Rate Updates

EUR/USD Slips as Middle East Tensions Boost Dollar

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