The exchange rate between the euro and the dollar remained stable within a tight range on Monday morning as market participants reacted to the latest macroeconomic data from the United States and its possible effects on the Federal Reserve. The current trading value is 1.1867, a bit below this month’s high of 1.1935. The EUR/USD … Read more
The EUR/USD pair advances to approximately 1.1965 in the early Asian session on Friday. Unpredictable US trade policy and concerns regarding the independence of the Federal Reserve exert pressure on the US Dollar in comparison to the Euro. EUR/USD shows resilience near 1.1965 during the early hours of Friday’s Asian session. Uncertainties surrounding US trade … Read more
The USD/CHF pair has softened to approximately 0.7650 during the early European session on Thursday. The US Dollar faces pressure from unpredictable trade policy, concerns regarding the independence of the Federal Reserve, and various geopolitical risks. The Federal Reserve maintained the benchmark federal funds rate at its existing range of 3.5% to 3.75% during the … Read more
On Wednesday, EUR/USD experienced a decline exceeding 0.60%, trading below the 1.2000 level. This movement comes as the Federal Reserve maintains its current interest rates, with Fed Chair Jerome Powell opting not to address political inquiries, thereby adopting a neutral position on monetary policy. Currently, the pair is trading at 1.1955. The EUR/USD pair experiences … Read more
The USD/JPY pair shows slight upward movement around 158.45 in the early hours of the Asian session on Friday. The Japanese Yen experiences a decline against the US Dollar after the publication of Japanese inflation data. The focus will be on the Bank of Japan interest rate decision and the subsequent press conference scheduled for … Read more
The GBP/USD pair is experiencing upward momentum, reaching approximately 1.3400 in the early hours of the Asian session on Monday. The US Dollar is experiencing a decline in value relative to the Pound Sterling as US President Donald Trump issues new tariff threats towards Europe concerning Greenland. The US markets will remain closed on Monday … Read more
GBP/USD has breached the December uptrend after faltering just before resistance, indicating a significant change in the near-term framework. The pullback extended nearly 1.3% from the highs before rebounding, with the weekly opening range now established just above the 200-day moving average—breakout pending. Resistance levels are identified at 1.3474, 1.3500/02, and 1.3528, while support is … Read more
EUR/USD is in a consolidation phase on Wednesday, hovering around 1.1645, remaining unchanged as a risk-off sentiment driven by geopolitical uncertainties keeps traders cautious. The Eurozone presented a limited economic schedule, while the US had a more active one, indicating that factory input prices had increased, impacting traders’ expectations for a Fed rate cut in … Read more
The USD/CHF pair is experiencing slight increases, trading near 0.8010 in the early European session on Wednesday. The Greenback appreciates against the Swiss Franc following US inflation data that aligned closely with expectations. The upcoming release of the US Retail Sales and Producer Price Index reports is set to capture attention later on Wednesday. USD/CHF … Read more
GBP/USD shows strength, reaching approximately 1.3470 during the early European session on Tuesday. Renewed concerns regarding the Fed’s independence are putting pressure on the US Dollar in comparison to the Cable. Market participants are looking forward to the release of the US December CPI inflation data on Tuesday for new momentum. The GBP/USD pair moves … Read more