Forex Market Analysis
FX News EUR/USD Gains on Hawkish ECB Outlook
EUR/USD edges higher to around 1.1385 in the early European session on Friday. ECB maintains current interest rates while leaving the possibility for further tightening on the table,…
FX News USD/JPY Holds Near 163.90 as Japan CPI Rises
USD/JPY stabilises near 163.90 during the early hours of the Asian trading session on Friday. Japanese CPI inflation increased to 1.7% year-on-year in June, up from 1.5% in…
FX News EUR/USD Gains Limited by Safe-Haven Demand for U.S. Dollar
EUR/USD is experiencing slight increases, hovering around 1.1385 during the early hours of Tuesday’s Asian session. Trump stated that the US will impose a blockade on Iran in…
FX News GBP/USD Rises for Ninth Straight Session as Dollar Weakens
GBP/USD experiences an uptick as the US Dollar faces challenges following disappointing US economic data, which leads markets to reduce expectations for Federal Reserve rate increases. The outlook…
FX News EUR/USD Slips as Fed Rate Hike Bets Outweigh ECB Outlook
The EUR/USD pair experiences a decline, approaching the 1.1415 mark during the early hours of Tuesday’s Asian session. ECB’s Lagarde stated that Europe is becoming increasingly resilient to…
FX News EUR/USD Gains Amid ECB Rate Hike Expectations
The EUR/USD pair may experience a decline as the US Dollar is likely to strengthen due to the prevailing uncertainty associated with tensions in the Middle East. The…
FX News EUR/USD Steady Amid US-Iran Talks and Fed Outlook
EUR/USD remains within a narrow range as market participants observe the developments in the diplomatic discussions between Washington and Tehran taking place in Switzerland. US Vice President JD…
FX News GBP/USD Remains Under Pressure Amid UK Political Uncertainty
GBP/USD remains weak around 1.3245 in Tuesday’s early Asian session. UK Prime Minister Keir Starmer has resigned, indicating a phase of political instability. The Fed maintains its current…
FX News EUR/USD Slips to 1.1450 as Bearish Trend Hits Lower Bollinger Support
The EUR/USD pair has experienced a decline, approaching the 1.1465 level during the early European session on Monday. The pair maintains a bearish sentiment, with downside pressure dominating…
FX News USD/CHF Hits Highest Level Since December
USD/CHF extends its upside to near 0.8075 in Friday’s early European session. US Vice President JD Vance has cancelled a scheduled visit to Switzerland for discussions with Iran.…
FX News EUR/USD Rises as Iran Peace Deal Boosts Risk Sentiment
EUR/USD maintains a favourable position near 1.1515 during the early hours of Thursday’s Asian session. Trump and Pezeshkian signed the US-Iran MoU to end the war. The Federal…
FX News GBP/USD poised for Bank of England meeting at April lows
The weaker-than-expected UK inflation report on Wednesday hardly affected the value of the pound sterling. Prior to today’s labour market data and the Bank of England meeting, investors…
