EUR/USD is gaining traction, approaching 1.1445 during the early European session on Monday. The pair maintains a bearish sentiment beneath the 100-day SMA, with the RSI consistently positioned below the midpoint. The first upside barrier emerges at 1.1470; the initial support level to watch is 1.1415. The EUR/USD pair is positioned in positive territory near … Read more
USD/CHF slips as SNB Minutes revealed cautious policymakers, thereby boosting demand for the safe-haven Swiss Franc. The US Dollar declines even as tensions rise between Washington and Tehran, with traders instead concentrating on weaker domestic economic indicators. The CME FedWatch Tool suggests that the markets are pricing in a 61.4% likelihood of a rate hike … Read more
EUR/USD is trading in a stable manner around 1.1445 during the early European session on Friday. Iran instructed the Houthis to obstruct the Red Sea oil route should the United States target the power network. Rising tensions in the Middle East have led to an increase in crude oil prices, causing markets to speculate on … Read more
USD/JPY is experiencing slight upward movement, trading at approximately 162.40 during the Asian session on Friday. The US has been conducting significant strikes on Iran for the sixth consecutive day, resulting in an appreciation of the US Dollar. Japan’s Katayama indicated that authorities are prepared to intervene in currency fluctuations as needed. The USD/JPY pair … 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
During Friday’s early Asian session, EUR/USD moves up to about 1.1460. With the US announcing the end of its blockade, the US-Iran interim ceasefire agreement has taken effect. In anticipation of the possibility that the Federal Reserve would start raising interest rates as early as late next month, traders have positioned themselves more and more. … Read more
USD/CHF extends its upside to near 0.8075 in Friday’s early European session. US Vice President JD Vance has cancelled a scheduled visit to Switzerland for discussions with Iran. The SNB has maintained its key interest rate at 0%, emphasising the importance of currency risks in its monetary policy considerations. The USD/CHF pair advances to approximately … Read more
