GBP/USD remains steady at approximately 1.3450 during the early Asian session on Monday. Trump is pursuing modifications to the US-Iran agreement. BoE’s Bailey indicates there is no urgency to increase interest rates in light of the uncertainties surrounding the Iran war. The GBP/USD pair is currently trading in a stable manner around 1.3450 during the … Read more
The EUR/USD pair is experiencing slight upward movement, currently positioned at approximately 1.1655 during the early hours of the Asian trading session on Friday. The US and Iran have arrived at a preliminary accord; however, the agreement awaits the necessary approval from Trump. The annual US PCE rates aligned with forecasts; however, the monthly figures … Read more
The USD/CHF pair experiences appreciation as the US Dollar strengthens in response to geopolitical risks in the Middle East. MUFG Bank cautions that the US Dollar may strengthen if Washington and Tehran do not reach an agreement on extending the ceasefire. The Swiss Franc may find support stemming from a robust domestic economy. USD/CHF edges … Read more
EUR/USD has softened to approximately 1.1620 during the early Asian session on Thursday. The US executed additional strikes in Iran targeting a military installation. Leading officials at the European Central Bank are establishing the foundation for a potential interest rate increase in June. The EUR/USD pair is currently positioned in negative territory, trading around 1.1620 … Read more
GBP/USD is experiencing a decline in momentum, settling near 1.3400 during the early session on Thursday in Asia. The US military has conducted new strikes in Iran, while Trump has stated that he will not hastily pursue a deal with Tehran. Traders are scaling back their expectations for Bank of England rate hikes as worries … Read more
USD/JPY has softened to approximately 159.20 during the early Asian session on Wednesday. The possibility of additional actions from Japanese authorities could support the Japanese Yen. Iran has issued a warning of potential retaliation following the US strikes on launch sites and vessels. The USD/JPY pair experiences a decline, approaching 159.20 in the early hours … Read more
EUR/USD has softened to approximately 1.1635 during the early Asian session on Tuesday. On Monday, US forces executed defensive strikes in southern Iran. The likelihood of an ECB rate hike increases as the conflict in Iran drives inflation higher. The EUR/USD pair is currently positioned in negative territory, trading around 1.1635 during the early Asian … Read more
EUR/USD moves upward, approaching 1.1640 during the early Asian session on Monday. The US and Iran have indicated advancements in discussions aimed at concluding the conflict. According to source, the case for a rate hike in June by the ECB is almost confirmed, while the situation for July remains entirely flexible. The EUR/USD pair is … Read more
GBP/USD drifts higher to approximately 1.3480 in the early Asian session on Monday. The potential for a resolution to the Iran conflict has enhanced risk sentiment, providing support for the British Pound. UK Retail Sales experienced a significant decline in April, marking the largest drop in nearly a year. The GBP/USD pair is showing upward … Read more
USD/JPY shows resilience as it approaches 159.10 during the early Asian session on Friday. Japan’s core CPI inflation has decreased to a four-year low in April. FOMC Minutes indicated widespread backing for a Federal Reserve rate increase should inflation continue to be a concern. The USD/JPY pair advances to approximately 159.10 in the early Asian … Read more