The GBP/USD pair is showing modest gains, trading near 1.3560 in the early hours of the Asian session on Friday. Trump indicated that the accord with Iran is still active. Market participants are gearing up for the forthcoming US Nonfarm Payrolls report set to be released later on Friday. The GBP/USD pair shows a modest … Read more
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 EUR/USD pair has weakened to approximately 1.1680 during the early Asian session on Thursday. The Federal Reserve has opted to maintain the interest rates within the 3.50%-3.75% range during the April meeting held on Wednesday. The European Central Bank is anticipated to maintain the current key interest rates during its forthcoming meeting. The EUR/USD … Read more
EUR/USD declines to approximately 1.1715 during the early Asian session on Wednesday. The Federal Reserve is expected to keep interest rates steady during its policy meeting on Wednesday in April. The ECB is anticipated to keep its key interest rates steady at their existing levels in the forthcoming meeting on Thursday. The EUR/USD pair trades … Read more
USD/JPY shows resilience around the 159.00 mark during the early European session on Monday. Iran has issued a warning regarding potential retaliation following the US’s action in seizing the ship. BoJ’s Ueda refrained from suggesting an April rate hike; Japanese authorities remain vigilant regarding potential FX intervention. The USD/JPY pair is currently positioned in positive … Read more
The EUR/USD pair experiences a decline, settling near 1.1780 during the early hours of the Asian session on Friday. Trump indicated that a permanent ceasefire between the US and Iran could be achievable, yet significant uncertainty persists. ECB policymakers continue to adopt a data-driven strategy. The EUR/USD pair is currently positioned in negative territory, hovering … Read more
EUR/USD rises above 1.1800, marking its highest level since the beginning of the Iran conflict. The growing expectation of possible peace talks between the US and Iran is boosting risk appetite on Tuesday. Focus shifts to the US PPI data for further insight into the Fed’s stance on monetary policy. The Euro has shown resilience, … Read more
On Tuesday, GBP/USD increased to 1.3506. Sterling has decisively distanced itself from last week’s one-month high of 1.3480. The recent collapse of US-Iran talks over the weekend has intensified pressure on the currency. The impasse in discussions arose after Tehran declined to relinquish its nuclear program, coupled with disputes regarding the agreement’s terms, which the … Read more
The EUR/USD pair is currently positioned in negative territory, trading around 1.1690 in the early Asian session on Friday. The Euro is experiencing a decline against the US Dollar as market participants exercise caution regarding the sustainability of a delicate two-week ceasefire between the United States and Iran. The upcoming US March Consumer Price Index … Read more
EUR/USD remains stable around 1.1540 during the early Asian session on Tuesday. Trump has reiterated the potential for assaults on critical infrastructure such as bridges and power plants. The US ISM Services PMI fell to 54.0 in March, underperforming relative to expectations. The EUR/USD pair remains stable at approximately 1.1540 in the early Asian session … Read more