Daily Forex Update
FX News GBP/USD Falls as Fed Rate Hike Bets Strengthen Dollar
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…
FX News USD/CHF Falls as Swiss Franc Gains on Safe-Haven Demand
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…
FX News EUR/USD Slips as Hawkish Fed and Middle East Tensions Lift Dollar
EUR/USD has softened to approximately 1.1575 during the early European session on Wednesday. Further consolidation cannot be dismissed given the lack of directional momentum indicated by the RSI.…
FX News USD/CHF Rises as Higher Yields Lift the Dollar
The USD/CHF pair experiences an uptick as the US Dollar strengthens in response to apprehensions regarding potential Federal Reserve interest rate increases. Global bond selloff has driven US…
FX News AUD/USD Rises as Australia GDP Beats Expectations
In the second quarter of 2026, Australia’s GDP experienced a growth of 0.4% on a quarter-over-quarter basis, surpassing the consensus forecast of 0.3%. The US Dollar appreciates as…
FX News GBP/USD Slips as Stronger Dollar and UK Inflation Lift Rate Risks
GBP/USD declines as the US Dollar strengthens due to increasing US Treasury yields and soaring oil prices. In July, US JOLTS job openings did not meet expectations, whereas…
FX News USD/CHF Falls as Fed Hike Bets Ease
The USD/CHF experiences a decline as Jan Hatzius anticipates that the Federal Reserve will maintain its current interest rates unless forthcoming inflation data presents an unexpected increase. Jackson…
FX News EUR/USD Resilient Near 1.1590 as Hawkish Fed Tone Limits Upside
EUR/USD is showing resilience as it approaches 1.1590 during the early hours of the European session on Monday. Fed’s Warsh signalled that further tightening may be needed to…
FX News AUD/USD Holds Steady as China PMI and Fed Rate Bets Shape Outlook
After China’s mixed NBS Purchasing Managers’ Index results, AUD/USD is still stable. China’s August Manufacturing PMI increased to 49.8, exceeding expectations, whereas the Non-Manufacturing PMI remained unchanged at…
FX News EUR/USD Rises as ECB Hawkishness Supports Euro
The EUR/USD pair experiences an upward movement, propelled by the hawkish stance of the European Central Bank, which has led to gains in the euro. Market participants are…
FX News GBP/USD Holds Near 1.3600 as BoE Rate Hike Bets Shift to 2027
Decreasing Brent crude prices have alleviated inflation concerns in the UK, leading to a shift in expectations regarding Bank of England rate hikes, now anticipated for 2027. Markets…
FX News GBP/USD Slips as Strong U.S. Inflation Supports Dollar
GBP/USD has seen a decline as the US Dollar maintains its strength, following July’s PCE inflation rate, which accelerated to 0.2%, surpassing market expectations. Oil prices declined following…
