Currency Trading
FX News EUR/USD Slides as Strait of Hormuz Crisis Boosts Dollar Demand
The EUR/USD exchange rate has experienced a consistent decline, reaching 1.1688 on Yesterday. The US dollar has reached ten-day highs, reflecting a stagnation in US-Iran peace negotiations, which…
FX News USD/CHF Steady Below SMAs as Strait of Hormuz Tensions Support Dollar
The USD/CHF remains steady as tensions between the US and Iran contribute to a cautious market atmosphere. US PMIs exceeded expectations, reaching multi-month peaks. From a technical standpoint,…
FX News EUR/USD Stays Strong Above 1.1700 Amid US-Iran Ceasefire Extension
EUR/USD moves upward, approaching 1.1710 during the early hours of Thursday’s Asian session. Trump indicated that he has not established a definitive timeline for receiving a proposal from…
FX News USD/JPY Eases as Safe-Haven Yen Strengthens on Risk Shifts
The USD/JPY pair has weakened to approximately 159.35 during the Asian trading session on Thursday. Trump stated that the ceasefire established on April 7 would remain in effect…
FX News EUR/USD dips to around 1.1750 as US-Iran ceasefire extends
The euro is experiencing a drop, hovering around 1.1750 in the early Asian session on Wednesday. Trump declared that the ceasefire with Iran will be extended, depending on…
FX News USD/JPY Soars to 160 as Yen Weakens Before BOJ Decision
The USD/JPY pair rose to 159.36 in the middle of the week, as the Japanese yen weakened for the second day in a row. The market is currently…
FX News EUR/USD dips under 1.1800 amid Iran ceasefire doubts
EUR/USD experiences a decline, settling near 1.1785 during the early hours of Tuesday’s Asian session. Iran’s chief negotiator asserts that Tehran will not engage in discussions while under…
FX News GBP/USD Slips as Dollar Strengthens Amid US-Iran Tensions
On Tuesday, GBP/USD was observed at 1.3515, reflecting a strengthening of the US dollar. The pound faced increased pressure at the beginning of the week due to a…
FX News USD/JPY Extends Rally as Geopolitical Risks Boost Dollar Demand
The USD/JPY pair is advancing, approaching the level of 159.35 during the Asian session on Friday. Trump indicated that the upcoming meeting between the US and Iran could…
FX News EUR/USD dips to 1.1775 despite positive Industrial Production data
EUR/USD has declined to session lows at 1.1775, moving down from highs that exceeded 1.1800 on Tuesday. In February, Eurozone Industrial Production surpassed expectations. The prospect of renewed…
FX News GBP/USD Soars to Multi-Week High as Dollar Dips
The GBP/USD exchange rate has shown an upward trend, achieving its peak since February 17 of this year. The asset has surged by more than 3.20% from its…
FX News EUR/USD stays around 1.1700 amid weak market sentiment
The EUR/USD has experienced a reversal from the previous week’s peaks close to 1.1740, yet it has remained supported above 1.1670 thus far. The Euro exhibits a degree…
