FX Rate Updates

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 US-Iran negotiations continues to place downward pressure on the safe haven US Dollar. The Euro experiences a decline against the US Dollar on Wednesday, marking the first … Read more

Fx Rate

EUR/USD Surges Above 1.1800 as US Producer Inflation Takes Center Stage

EUR/USD rises above 1.1800, marking its highest level since the beginning of the Iran conflict. The growing expectation of possible peace talks between the US and Iran is boosting risk appetite on Tuesday. Focus shifts to the US PPI data for further insight into the Fed’s stance on monetary policy. The Euro has shown resilience, … Read more

FX Rate Updates

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 of stability in the face of the unsuccessful Iran negotiations and the United States’ blockade of Hormuz. Market participants exhibit a strong belief that negotiations between the … Read more

FX Rate Updates

EUR/USD dips under 1.1700 as traders prepare for US CPI

The EUR/USD pair is currently positioned in negative territory, trading around 1.1690 in the early Asian session on Friday. The Euro is experiencing a decline against the US Dollar as market participants exercise caution regarding the sustainability of a delicate two-week ceasefire between the United States and Iran. The upcoming US March Consumer Price Index … Read more

FX Rate Updates

EUR/USD dips to around 1.1650 as Middle East tensions boost the US Dollar

EUR/USD experiences slight declines around 1.1655 during the early Asian session on Thursday. Officials from Iran have stated that peace negotiations would be deemed ‘unreasonable’ in light of Israel’s increased military actions in Lebanon. Market participants increase expectations for ECB rate hikes in response to rising oil prices. The EUR/USD pair is experiencing slight declines, … Read more

FX Rate Updates

EUR/USD Surges Past 1.1650 as Trump Backs Two-Week Iran Ceasefire

EUR/USD rises to approximately 1.1670 during the early Asian session on Wednesday. Trump has reached an agreement for a two-week ceasefire with Iran. Market participants are preparing for the release of the FOMC Minutes later on Wednesday. The EUR/USD pair rises to approximately 1.1670 in the early Asian session on Wednesday. The Euro appreciates against … Read more

FX Rate Updates

EUR/USD Holds Steady Under 1.1550 Amid Iran Tensions

EUR/USD remains stable around 1.1540 during the early Asian session on Tuesday. Trump has reiterated the potential for assaults on critical infrastructure such as bridges and power plants. The US ISM Services PMI fell to 54.0 in March, underperforming relative to expectations. The EUR/USD pair remains stable at approximately 1.1540 in the early Asian session … Read more

FX Rate Updates

EUR/USD rises above 1.1500 as US-Iran ceasefire talks spark optimism

EUR/USD is experiencing slight increases, hovering around 1.1520 during the early European session on Monday. The United States and Iran are currently in discussions regarding a potential 45-day ceasefire as the deadline approaches. ECB policymakers highlighted that the policy stance will continue to be restrictive until inflation consistently aligns with the target. The EUR/USD pair … Read more

FX Rate Updates

EUR/USD edges up to 1.1550 as traders await US NFP data

EUR/USD is experiencing slight upward movement, hovering around 1.1540 during the early Asian session on Friday. Galhau from the ECB indicated that a rate hike is “highly likely,” although the timing remains uncertain. Geopolitical tensions in the Middle East may provide support for the US Dollar, recognized as a safe-haven currency. The EUR/USD pair experiences … Read more

FX Rate Updates

EUR/USD steady under 1.1600 before Trump’s speech

The EUR/USD pair is showing little movement, hovering around the 1.1590 mark during the early hours of Thursday’s Asian session. Trump is scheduled to address the nation regarding the conflict with Iran later on Thursday. Markets are adjusting pricing in anticipation of potential rate hikes from the ECB in 2026. The EUR/USD pair remains stable … Read more