Federal Reserve
FX News EUR/USD Holds Near Monthly Low Ahead of Fed Rate Decision
EUR/USD commences the last week of July at 1.1369. Friday’s modest decline in energy prices diminished expectations that the Federal Reserve might raise rates as soon as its…
FX News EUR/USD Holds Steady as Middle East Tensions Support Dollar
EUR/USD is trading in a stable manner around 1.1445 during the early European session on Friday. Iran instructed the Houthis to obstruct the Red Sea oil route should…
FX News USD/JPY Rises as Middle East Tensions Lift Safe-Haven Dollar
USD/JPY is experiencing slight upward movement, trading at approximately 162.40 during the Asian session on Friday. The US has been conducting significant strikes on Iran for the sixth…
FX News USD/CHF Trades Flat After Cooling U.S. CPI Data
The USD/CHF pair exhibits minimal movement as the US Dollar experiences a decline following soft inflation data, which has heightened expectations for a less hawkish Federal Reserve. US…
FX News EUR/USD Gains as Fed Minutes Weigh on US Dollar
The EUR/USD pair experiences an upward movement as the mixed signals from the Fed Minutes contribute to a depreciation of the US Dollar. The US Dollar may rebound…
FX News USD/JPY Slips as Yen Firms on Intervention Concerns
USD/JPY has softened to approximately 162.45 during the early session on Thursday in Asia. Traders are closely monitoring the situation for potential intervention in the Japanese Yen. The…
FX News EUR/USD Under Pressure as Fed Outlook Supports Dollar
The EUR/USD forecast is positioned with a slight downward bias as the dollar persists in drawing buyers during a week that has commenced with relative calm. In the…
FX News GBP/USD Rises for Ninth Straight Session as Dollar Weakens
GBP/USD experiences an uptick as the US Dollar faces challenges following disappointing US economic data, which leads markets to reduce expectations for Federal Reserve rate increases. The outlook…
FX News EUR/USD Slips as Softer Eurozone Inflation Offsets Weak US Jobs Data
EUR/USD drifts lower to approximately 1.1420 in the early Asian session on Friday. Traders have scaled back their expectations regarding ECB rate hikes in light of the recent…
FX News GBP/USD Gains on Weak US Jobs Data
GBP/USD advances to approximately 1.3360 during the early European session on Friday. The major pair continues to be constrained beneath the significant 100-day moving average. The first upside…
FX News EUR/USD Edges Higher as Fed Warsh Avoids Rate Guidance
The EUR/USD pair is experiencing modest gains, hovering around the 1.1380 mark during the early hours of Thursday’s Asian session. Fed’s Warsh indicated that decisions regarding interest rates…
FX News USD/JPY Trades Sideways Before Key US Employment Report
USD/JPY is trading flat around 162.55 in the early Asian session on Thursday. Fed funds futures indicate a 64% probability of a rate hike in September. Warnings of…
