USD/JPY has softened to approximately 160.15 during the early Asian session on Tuesday. Trump stated that Iran ‘has agreed to never have a nuclear weapon.’ BoJ is anticipated to increase its short-term policy rate to 1.0% from 0.75% on Tuesday. The USD/JPY pair experiences a decline, reaching approximately 160.15 during the Asian trading hours on … Read more
EUR/USD drifts higher to near 1.1575 in the early Asian session on Friday. The ECB announced a quarter-point rate hike on Thursday, raising its deposit facility rate to 2.25%. Trump announced the cancellation of proposed military strikes against Iran. The EUR/USD pair strengthens to approximately 1.1575 in the early hours of Asian trading on Friday. … Read more
GBP/USD remains stable around 1.3415 during the early European session on Friday. The cross maintains a bearish sentiment below the 100-day SMA. The immediate resistance level is identified at 1.3420, while the initial downside target to monitor is 1.3343. The GBP/USD pair is trading in a stable manner around 1.3415 during the early European trading … Read more
EUR/USD shows resilience, climbing to approximately 1.1540 in the early hours of Thursday. The ECB is anticipated to increase interest rates on Thursday. US initiates new military actions against Iran, heightening concerns about an extended conflict in the Middle East. The EUR/USD pair is positioned in positive territory close to 1.1540 during the early hours … Read more
EUR/USD moves up slightly to around 1.1535 during the early Asian session on Monday. Trump indicated that he will advise Netanyahu against retaliating against Iran. The ECB is anticipated to increase interest rates in light of the effects stemming from the Iran war. The EUR/USD pair is experiencing an upward trend, reaching approximately 1.1535 in … Read more
USD/JPY remains stable above 160.00, prompting heightened vigilance among traders regarding possible intervention from Japanese authorities. Japan’s Q1 GDP increased by 0.5% quarter-on-quarter, surpassing forecasts and showing an acceleration from Q4, marking its most robust growth since early 2025. Iran’s launch of multiple missile waves at northern Israel has heightened market anxiety. USD/JPY shows minimal … Read more
The USD/JPY pair has experienced a depreciation, influenced by concerns over potential intervention and robust wage data that bolster the Japanese Yen. Finance Minister Katayama issued a caution regarding potential intervention as the Yen approached 160 per Dollar, indicating readiness to take action if necessary. Japan’s foreign reserves decreased by USD 77.11 billion, reaching USD … Read more
The EUR/USD pair has rebounded from the 1.1600 level, climbing to 1.1630, effectively reversing the losses observed on Tuesday. A ceasefire between Israel and Lebanon has impacted the safe-haven US Dollar on Thursday. Retail sales in the Eurozone experienced a decline that exceeded expectations in April. The Euro is rallying against a weaker US Dollar … Read more
EUR/USD is experiencing slight increases, hovering around 1.1635 during the early hours of Tuesday’s Asian session. Renewed tensions in the Middle East may exert pressure on the Euro, given its status as a riskier asset. ECB’s Schnabel cautioned that the shock can no longer be overlooked. The EUR/USD pair shows slight increases near 1.1635 in … Read more
USD/CHF stabilises as the US Dollar receives safe-haven support after reports indicate that Iran has halted indirect negotiations with America. The Greenback experienced an uptick as renewed tensions in the Middle East heightened inflation concerns and bolstered expectations for sustained elevated interest rates from the Federal Reserve. Despite a slight underperformance in GDP, Swiss consumer … Read more