GBP/USD moves upward, approaching 1.3385 during the Asian session on Thursday. Traders increase their positions on US interest rate increases following positive US economic data. BoE officials indicated that the central bank is in “no rush to raise interest rates.” The GBP/USD pair shows resilience, moving towards 1.3385 during the Asian trading hours on Thursday. … Read more
USD/CHF inches lower as the US Dollar remains subdued amid easing Iran-Israel tensions and reduced safe-haven demand. The Greenback’s decline may face constraints due to uncertainties surrounding a ceasefire, with Netanyahu cautioning that the conflict with Iran and Hezbollah is far from over. SNB Chairman Martin Schlegel provided reassurance to markets, indicating that medium-term inflationary … 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
EUR/USD remains steady around 1.1620 during the early hours of the Asian session on Friday. Market participants will pay keen attention to the forthcoming release of the US employment figures for May on Friday. The ECB is anticipated to increase its deposit rate to 2.25% during its June meeting. The EUR/USD pair remains stable at … Read more
The EUR/USD pair experiences depreciation as tensions in the Middle East catalyse an increased demand for the robust US Dollar, often regarded as a safe haven in times of uncertainty. CENTCOM announced it successfully intercepted multiple Iranian missile and drone strikes targeting Kuwait and Bahrain. The US Dollar maintains its strength as the closure of … Read more
The EUR/USD pair experiences a decline as the US Dollar gains strength, influenced by traders evaluating the latest developments in the ongoing US-Iran peace negotiations. Trump aims to modify the terms of the proposal concerning the Strait of Hormuz and the elimination of Iran’s highly enriched uranium. In May, inflation experienced an uptick throughout southern … 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
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