USD/JPY has softened to approximately 158.25 during the early Asian session on Tuesday. In September, Japanese PPI inflation exhibited an unexpected decline. Fed’s Hammack indicated that rate hikes are a possibility. The USD/JPY pair experiences a decline, approaching 158.25 during the Asian trading hours on Tuesday. The Japanese Yen strengthens against the US Dollar despite … Read more
EUR/USD is experiencing upward momentum, reaching approximately 1.1215 during the early Asian session on Friday. The Euro continues to face downward pressure due to concerns surrounding France’s fiscal situation. The probability of an October Federal Reserve rate hike decreased to 17.7%, down from approximately 38% a week prior. The EUR/USD pair maintains a favourable position … Read more
GBP/USD faces challenges due to the robust performance of the US Dollar and rising Treasury yields. Markets are currently reflecting a 78.3% probability of a Federal Reserve rate increase in December, even with a decision to maintain rates in October. Rebounding oil prices propel UK gilt yields to multi-year highs, posing a risk to economic … Read more
Surging US Dollar and multi-decade high Treasury yields may contribute to upward momentum for the USD/CHF pair. Weakness in the Swiss Franc appears probable, as analysts anticipate that the Swiss National Bank will uphold its policy rate at 0%. September inflation reached 1.0%, aligning with the midpoint of the SNB target range and alleviating pressure … Read more
AUD/USD softens to near 0.6965 on Thursday. Minutes revealed that Fed officials supported the decision made in September to increase interest rates. Former RBA board member stated that a rate hike in November is “plausible.” The AUD/USD pair experiences a decline, reaching approximately 0.6965 during the Asian trading hours on Thursday. The US Dollar strengthens … Read more
EUR/USD declines to near 1.1245 in the early session on Monday. France’s fiscal risks exert pressure on the Euro. Traders have scaled back their expectations for a Federal Reserve rate increase in October, prompted by disappointing US employment figures. The euro has weakened, trading below the 1.1250 mark, influenced by concerns regarding France’s fiscal risk. … Read more
The USD/JPY appreciates for the second consecutive day, achieving session highs exceeding 153.30. Market volatility remains subdued as investors anticipate significant macroeconomic events in the latter half of the week. The technical picture indicates a moderate bullish pressure, targeting the 160.00 area. In a low-volatility market on Tuesday, the Japanese yen is still defensive versus … Read more
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
GBP/USD is experiencing a decline in momentum, settling near 1.3400 during the early session on Thursday in Asia. The US military has conducted new strikes in Iran, while Trump has stated that he will not hastily pursue a deal with Tehran. Traders are scaling back their expectations for Bank of England rate hikes as worries … Read more
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 the progress of negotiations between the two countries. Iran’s military has issued a warning about a major offensive directed at certain targets, referencing ongoing threats from Trump. … Read more
