Fx Rate

EUR/USD Under Pressure Ahead of ECB Decision

The EUR/USD remains steady at approximately 1.1640 during the early Asian session on Wednesday. Iran has issued a warning of potential retaliation following the US airstrikes on missile sites and mine-laying vessels. ECB’s Villeroy stated that the central bank will take the necessary measures to control inflation. The EUR/USD pair is currently trading in a … Read more

FX Rate Updates

EUR/USD Falls as Safe-Haven Dollar Gains Momentum

EUR/USD has softened to approximately 1.1635 during the early Asian session on Tuesday. On Monday, US forces executed defensive strikes in southern Iran. The likelihood of an ECB rate hike increases as the conflict in Iran drives inflation higher. The EUR/USD pair is currently positioned in negative territory, trading around 1.1635 during the early Asian … Read more

FX Rate Updates

EUR/USD Climbs as Markets Eye Hormuz Deal

EUR/USD moves upward, approaching 1.1640 during the early Asian session on Monday. The US and Iran have indicated advancements in discussions aimed at concluding the conflict. According to source, the case for a rate hike in June by the ECB is almost confirmed, while the situation for July remains entirely flexible. The EUR/USD pair is … Read more

Fx Rate

EUR/USD Slips as Strong Dollar and Hawkish Fed Outlook Weigh on Euro

EUR/USD declines as a strong US Dollar receives backing from increasing expectations of a more aggressive Federal Reserve approach. President Trump will officially appoint Kevin Warsh as the chair of the US Federal Reserve on Friday at the White House. The Euro declined as preliminary PMI data indicated that the Euro Area economy is contracting … Read more

FX Rate Updates

EUR/USD Outlook Remains Cautious Ahead of PMI Data Release

EUR/USD remains stable at approximately 1.1625 during the early Asian session on Thursday. Trump indicated that discussions with Iran are nearing completion, yet cautioned that there could be attacks if the agreement does not succeed. The Fed has adopted a more aggressive stance, with an increasing number of officials anticipating a scenario involving a rate … Read more

Fx Rate Updates

EUR/USD Under Pressure as Safe-Haven Demand Rises

The EUR/USD pair could experience a decline as the US Dollar, often viewed as a safe haven, strengthens in response to rising tensions in the Middle East. President Trump indicated a potential resumption of military actions against Iran in the coming days to compel a resolution to the ongoing conflict. The Euro could strengthen, bolstered … Read more

FX Rate Updates

EUR/USD Slips as Middle East Tensions Boost Dollar

The EUR/USD pair experiences a downturn, approaching 1.1645 during the early hours of Tuesday’s Asian session. Trump indicated that he decided against a new military action in Iran following a request from the Gulf states. ECB policymakers suggested a potential interest rate increase to address persistent inflation expectations. The EUR/USD pair is currently positioned in … Read more

FX Rate Updates

EUR/USD Slips as Iran Tensions Boost Safe-Haven Dollar

EUR/USD shows a decline, approaching 1.1615 during the early Asian session on Monday. Trump cautioned Iran that the “clock is ticking” as discussions aimed at concluding the conflict have reached an impasse. Analysts anticipate a quarter-point increase from the ECB in June. The EUR/USD pair is currently positioned in negative territory, trading around 1.1615 in … Read more

FX Rate Updates

EUR/USD Slips as Strong US Inflation Boosts Dollar

The EUR/USD pair is witnessing a downturn, currently positioned around 1.1660 in the early hours of the Asian trading session on Friday. Recent US inflation reports, which surpassed expectations, have prompted markets to dismiss the likelihood of rate cuts for the remainder of 2026. Trump indicated that Chinese leader Xi has proposed to help facilitate … Read more

FX Rate Updates

EUR/USD Climbs on Hawkish ECB Signals and Inflation Focus

EUR/USD experiences a rebound, reaching approximately 1.1720 during the early Asian session on Thursday. The European Central Bank is anticipated to increase its deposit rate in the upcoming month, as indicated. In April, the US Producer Price Index experienced a year-over-year increase of 6.0%, surpassing expectations. The EUR/USD pair regains some of its previous losses, … Read more