Fx Rate

EUR/USD dips under 1.1700 as Fed holds rates steady

The EUR/USD pair has weakened to approximately 1.1680 during the early Asian session on Thursday. The Federal Reserve has opted to maintain the interest rates within the 3.50%-3.75% range during the April meeting held on Wednesday. The European Central Bank is anticipated to maintain the current key interest rates during its forthcoming meeting. The EUR/USD … Read more

FX Rate Updates

EUR/USD dips close to 1.1700 before Fed rate decision

EUR/USD declines to approximately 1.1715 during the early Asian session on Wednesday. The Federal Reserve is expected to keep interest rates steady during its policy meeting on Wednesday in April. The ECB is anticipated to keep its key interest rates steady at their existing levels in the forthcoming meeting on Thursday. The EUR/USD pair trades … Read more

FX Rate Updates

EUR/USD Surges Above 1.1700 Ahead of Fed and ECB Decisions

EUR/USD shows slight upward movement around 1.1725 during the early hours of Tuesday’s Asian session. Iran has proposed to restore access to the Strait of Hormuz contingent upon the lifting of the US blockade and the conclusion of hostilities. Market participants prepare for the upcoming rate decisions from the Fed and ECB on Wednesday and … Read more

FX Rate News

USD/CHF Strengthens Above 0.7850 Ahead of Fed Decision

The USD/CHF pair is showing upward momentum, currently positioned at approximately 0.7865 during the early hours of the European trading session on Tuesday. The Federal Reserve’s interest rate decision is set to be the focal point on Wednesday, with expectations pointing towards no alterations in the current rate. Schlegel from the SNB reiterated the central … Read more

FX Rate Updates

EUR/USD Stays Strong Above 1.1700 Amid Weak Consumer Confidence

EUR/USD has pulled back from session peaks near 1.1730, yet it maintains a stable position above 1.1700 at this point. In May, German GfK Consumer Confidence declined more than anticipated. Market participants continue to express optimism regarding a potential US-Iran peace agreement, contributing to the ongoing softness of the safe-haven USD. The Euro continues to … Read more

FX Rate Updates

USD/JPY Holds Near 159.50 as BoJ Decisions Loom

The USD/JPY holds firm at around 159.50 in the early hours of Monday’s Asian session. Market participants expect the Bank of Japan to keep its interest rates steady in the forthcoming meeting on Tuesday. The FOMC is anticipated to maintain the federal funds rate in the range of 3.50% to 3.75% at its upcoming meeting … 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 dips as Middle East tensions boost US Dollar

EUR/USD experiences a slight decline, trading near 1.1580 during the early hours of Tuesday’s European session. Increasing tensions in the Middle East are strengthening the US Dollar, which is regarded as a safe-haven currency. Current market expectations indicate that the ECB is likely to implement a minimum of two rate hikes in 2026. The EUR/USD … Read more

FX Rate News

USD/CHF climbs close to 0.7990 on Fed’s hawkish stance

The USD/CHF pair has moved upward to approximately 0.7890 during the early European session on Monday. The Federal Reserve’s hawkish stance bolsters the strength of the US Dollar. Iran has issued a warning that it will fully shut down the Strait of Hormuz in response to any US airstrikes on power plants. The USD/CHF pair … Read more