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 News

USD/CHF Steady as Fed Bets Boost Dollar

USD/CHF remains steady at approximately 0.7870 during the early European session on Monday. The markets are currently assessing the forthcoming decision regarding the Fed’s interest rate adjustments. Trump issued a stern warning to Iran, stating they should “get moving” or there “won’t be anything left of them.” The USD/CHF pair remains stable around 0.7870 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 News

USD/CHF Rises as SNB Faces Deflation Pressure

The USD/CHF pair experiences an increase after a strong US Retail Sales report bolsters the US Dollar. Stephen Miran’s resignation from the Fed Board creates an opportunity for Kevin Warsh to take on the position of Federal Reserve Chair. Persistent deflationary trends inhibit any potential interest rate hikes, prompting the SNB to maintain lower rates … Read more

FX Rate Updates

USD/JPY Gains as Yen Weakens on BOJ

The USD/JPY pair experiences an increase as the Japanese Yen depreciates in response to the publication of Japan’s current account surplus figures. The OECD anticipates that the Bank of Japan will raise short-term policy rates to 2% by the conclusion of 2027. Recent US inflation data indicates that the Federal Reserve might keep interest rates … Read more

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