EUR/USD has declined to approximately 1.1365 during the early Asian session on Friday. The US PCE price index experienced a year-on-year increase of 4.1% in May. Markets reduce expectations for future ECB rate increases after cautious remarks from policymakers. The EUR/USD pair is experiencing a decline, trading at approximately 1.1365 during the early hours of … Read more
EUR/USD remains within a narrow range as market participants observe the developments in the diplomatic discussions between Washington and Tehran taking place in Switzerland. US Vice President JD Vance observed that negotiations have achieved “great progress,” notwithstanding some persistent friction. ECB President Lagarde characterised inflation as “too large to ignore,” while also noting the absence … Read more
EUR/USD moves up to approximately 1.1590 during the early Asian session on Tuesday. Trump and Vice President JD Vance executed an electronic version of a memorandum of understanding with Iran. The Federal Reserve is poised to maintain its benchmark interest rate at its June policy meeting. The EUR/USD pair is currently positioned in positive territory, … Read more
EUR/USD experiences an upward movement as the US Dollar shows signs of weakness, attributed to reports regarding a US-Iran peace agreement aimed at reopening the Strait of Hormuz. Trump announced that the agreement with the Islamic Republic of Iran is now finalised. Markets are currently factoring in an additional rate hike from the ECB, with … Read more
EUR/USD drifts higher to near 1.1575 in the early Asian session on Friday. The ECB announced a quarter-point rate hike on Thursday, raising its deposit facility rate to 2.25%. Trump announced the cancellation of proposed military strikes against Iran. The EUR/USD pair strengthens to approximately 1.1575 in the early hours of Asian trading on Friday. … Read more
EUR/USD shows resilience, climbing to approximately 1.1540 in the early hours of Thursday. The ECB is anticipated to increase interest rates on Thursday. US initiates new military actions against Iran, heightening concerns about an extended conflict in the Middle East. The EUR/USD pair is positioned in positive territory close to 1.1540 during the early hours … Read more
EUR/USD moves up slightly to around 1.1535 during the early Asian session on Monday. Trump indicated that he will advise Netanyahu against retaliating against Iran. The ECB is anticipated to increase interest rates in light of the effects stemming from the Iran war. The EUR/USD pair is experiencing an upward trend, reaching approximately 1.1535 in … Read more
EUR/USD is experiencing slight increases, hovering around 1.1635 during the early hours of Tuesday’s Asian session. Renewed tensions in the Middle East may exert pressure on the Euro, given its status as a riskier asset. ECB’s Schnabel cautioned that the shock can no longer be overlooked. The EUR/USD pair shows slight increases near 1.1635 in … Read more
EUR/USD has softened to approximately 1.1620 during the early Asian session on Thursday. The US executed additional strikes in Iran targeting a military installation. Leading officials at the European Central Bank are establishing the foundation for a potential interest rate increase in June. The EUR/USD pair is currently positioned in negative territory, trading around 1.1620 … Read more
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