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

Fx Rate

EUR/USD Slips as Hot US Inflation Boosts Dollar

EUR/USD weakens to approximately 1.1735 during the early Asian session on Wednesday. The US Consumer Price Index increased by 3.8% year-over-year in April, marking the highest level since May 2023. According to ECB’s Nagel, the likelihood of rate hikes is on the rise. The EUR/USD pair is currently positioned in negative territory, trading around 1.1735 … Read more

FX Rate Updates

EUR/USD Weakens Ahead of US Inflation Data

The EUR/USD pair has shown a decline, trading at approximately 1.1775 during the early hours of Tuesday’s Asian session. Trump indicated that the US-Iran ceasefire was in a state of ‘massive life support.’ Anticipation of a hawkish stance from the ECB could potentially mitigate the Euro’s declines. The EUR/USD pair experiences a decline, approaching 1.1775 … Read more

FX Rate Updates

EUR/USD Slips as Safe Haven Dollar Gains Strength

In the early Asian session on Monday, the EUR/USD pair has shown a decline, approaching the level of 1.1765. Trump dismissed Iran’s reply to a US initiative aimed at facilitating peace negotiations to conclude the conflict. The anticipation of an early rate hike by the ECB could potentially mitigate the Euro’s declines. The EUR/USD pair … Read more

FX Rate Updates

EUR/USD climbs past 1.1700 on US-Iran peace hopes

The EUR/USD pair is showing a modest increase, trading near 1.1730 in the early hours of the Asian session on Friday. Growing optimism surrounding a potential peace agreement between the US and Iran is bolstering the Euro. The upcoming April NFP report from the US is poised to draw considerable focus this Friday. The EUR/USD … Read more

Fx Rate Updates

EUR/USD Rises on Strong Eurozone Data and Iran Peace Hopes

The Euro appreciates against the US Dollar for the second consecutive day on Thursday, trading at 1.1765 at the time of writing, fuelled by hopes of a peace deal that would end Iran’s war and upbeat Eurozone macroeconomic releases. Data released on Thursday indicated that Eurozone Retail Sales experienced a slight decline of 0.1% in … Read more

FX Rate Updates

EUR/USD Rises Amid Iran Ceasefire Hopes

The EUR/USD pair sees increased buying interest near 1.1720 during the Asian trading session on Wednesday, supported by a more favorable risk sentiment. US President Donald Trump announced that Project Freedom and the movement of ships through the Strait of Hormuz have been temporarily halted. Market participants prepare for the upcoming US ADP Employment Change … Read more