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
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
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
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
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
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
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
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
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
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