EUR/USD is advancing towards the 1.1730 level in the early Asian session on Friday. The ECB maintained its current interest rates during the policy meeting held in April on Thursday. Rising tensions between the US and Iran may bolster the US Dollar, recognized as a safe-haven asset. The EUR/USD pair sees interest from buyers near … Read more
The USD/CHF pair is currently trading slightly above 0.7800 after experiencing a drop from the 0.7920 high reached on Thursday. Swiss Retail Sales underperformed in March, but the impact on the CHF has been minimal. The USD saw a decrease against multiple currencies on Friday, driven by reports suggesting a possible intervention in the USD/JPY … Read more
The USD/JPY pair shows stability, hovering around 160.45 in the early European session on Thursday. The Federal Reserve has kept interest rates steady at 3.50%–3.75% on Wednesday, while market participants brace for the forthcoming US Q1 GDP and Core PCE data releases. Japan’s Katayama stated that authorities are ready to take significant actions in reaction … Read more
The USD/JPY pair experiences a modest increase on Wednesday, approaching the 159.75 level. The US Dollar continues to exhibit strength in cautious markets as participants await the Federal Reserve’s decision on interest rates. Japanese Finance Minister Katayama issued a warning of “decisive action” in response to speculative market maneuvers. The US Dollar nudges higher for … 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
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
The EUR/USD exchange rate has experienced a consistent decline, reaching 1.1688 on Yesterday. The US dollar has reached ten-day highs, reflecting a stagnation in US-Iran peace negotiations, which has subsequently increased demand for the currency as a safe-haven asset. The Strait of Hormuz is currently in a state of effective closure. Tehran maintains its grip … Read more
EUR/USD moves upward, approaching 1.1710 during the early hours of Thursday’s Asian session. Trump indicated that he has not established a definitive timeline for receiving a proposal from Iran. ECB’s Kazaks stated that the central bank possesses the ‘luxury’ to postpone interest rate increases. The EUR/USD pair shows resilience, approaching 1.1710 in the early Asian … Read more
The euro is experiencing a drop, hovering around 1.1750 in the early Asian session on Wednesday. Trump declared that the ceasefire with Iran will be extended, depending on the progress of negotiations between the two countries. Iran’s military has issued a warning about a major offensive directed at certain targets, referencing ongoing threats from Trump. … Read more