The USD/CHF has experienced depreciation as the easing of October Fed rate-hike expectations exerts downward pressure on the US Dollar. High US Treasury yields and ongoing inflation worries stemming from increased energy prices constrain additional appreciation of the Swiss Franc. Analysts assert that the Swiss National Bank will prioritise inflation concerns over the prospect of … Read more
Swiss ZEW investor expectations fell to 2.6 in September, indicating increasing apprehensions regarding domestic inflation trends. The SNB has kept its policy rate at 0% and reiterated its willingness to engage in foreign exchange markets as necessary. The gains of the USD appear constrained as the recent moderation in U.S. PCE inflation has diminished anticipations … Read more
EUR/USD has declined to approximately 1.1325 on Thursday. US PCE inflation increased at a rate below expectations in August, leading to a decrease in the anticipation of a Federal Reserve rate hike this month. ECB’s Lagarde emphasised that the central bank ought to implement a “measured response” in light of the absence of evidence indicating … Read more
AUD/USD softens to near 0.6945 in Thursday’s early Asian session. Australia’s trade surplus has contracted significantly to AUD$495 million in August. Markets currently assign a probability of 38.2% to the likelihood of a Federal Reserve rate hike in October. The AUD/USD pair is experiencing slight declines, trading at approximately 0.6945 during the early hours of … Read more
The Reserve Bank of Australia increased its cash rate by 25 basis points to 4.60%, aligning with market expectations. The US Dollar strengthens as rising oil prices intensify inflation worries, supporting the case for additional tightening by the Federal Reserve. The CME FedWatch Tool indicates a 70% probability of a Federal Reserve rate increase in … Read more
The USD/CHF pair experiences an uptick as the US Dollar strengthens, propelled by hawkish signals from the Federal Reserve that are elevating expectations for an October rate hike beyond 70%. Geopolitical risks remain a focal point as market participants attentively observe the negotiations between the US and Iran, alongside developments in the Strait of Hormuz. … Read more
The SNB is anticipated to maintain its policy rate at 0% on September 24, although projections may still be subject to change. The US Dollar halted its three-day rally and relinquished daily gains, even as hawkish expectations from the Federal Reserve persist. Robust US manufacturing data elevates the likelihood of an October Fed rate hike … Read more
EUR/USD registers slight increases near 1.1470 during the early hours of Tuesday’s Asian session. Political risks in Germany have escalated after the results of two more unsatisfactory state elections. Fed’s Musalem indicated that additional rate hikes are probably necessary to address inflationary pressures. The EUR/USD pair is experiencing slight increases, hovering around 1.1470 in the … Read more
GBP/USD softens to near 1.3490 in Tuesday’s early Asian session. The Federal Reserve is anticipated to increase interest rates by 25 basis points during its policy meeting on Wednesday. The Bank of England is anticipated to maintain its interest rates at 3.75% during the upcoming Thursday meeting. The GBP/USD pair experiences a decline in momentum, … Read more
The USD/CHF has experienced depreciation following a poll that suggests the Federal Reserve will maintain interest rates at their current levels until the end of the year. Robust employment figures in the United States have led market participants to assign a probability exceeding 60% to the likelihood of an interest rate increase. Increased demand for … Read more
