Forex Trading
FX News EUR/USD Rises as Weak US Data Weigh on Dollar
EUR/USD advances slightly to approach 1.1575 during the early hours of Monday’s Asian session. The probability of a September Federal Reserve rate increase has decreased to 33.1%. The…
FX News AUD/USD Holds Near 0.7060 as US PPI Softens Fed Rate-Hike Bets
RBA’s Kent observed that rate hikes are having an effect, although additional increases could be on the table should new risks arise. Softer US PPI inflation data has…
FX News USD/CHF Dips as US Inflation Eases Fed Rate-Hike Hopes
Softer US inflation and flat wholesale prices exert downward pressure on the US Dollar. Expectations for a rate hike by the Federal Reserve in September have decreased to…
FX News USD/CAD Dips as Weak US Inflation Hits Dollar
USD/CAD experiences a decline as the US Dollar weakens in response to subdued US inflation figures, with attention now turning to the Retail Sales data scheduled for release…
FX News EUR/USD Holds Near 1.1550 Ahead of Key US Inflation Data
EUR/USD remains positioned beneath 1.1550 following a retreat from the previous week’s peak at 1.1580. Robust inflation in Germany has not bolstered the Euro, as apprehensions regarding escalating…
FX News EUR/USD Slips as US-Iran Uncertainty Boosts Dollar
EUR/USD declines to approximately 1.1530 during the Asian session on Wednesday. Iran dismissed the assertion made by the United States regarding the status of the Strait of Hormuz.…
FX News USD/CHF Stalls Near 0.8100 as US Labour Data Looms
USD/CHF stalls at 0.8100 amid hopes of a new round of peace talks in Iran. Investors continue to exercise caution regarding substantial investments in the US Dollar in…
FX News EUR/USD Falls to Monthly Low as Fed Rate Hike Bets Boost Dollar
EUR/USD reaches new monthly lows beneath 1.1360, approaching 13-month lows at 1.1324. A subdued risk appetite in the context of declining oil prices has not been sufficient to…
FX News EUR/USD Gains as Dollar Weakens on Iran Deal
EUR/USD experiences an upward movement as the US Dollar shows signs of weakness, attributed to reports regarding a US-Iran peace agreement aimed at reopening the Strait of Hormuz.…
FX News USD/JPY Awaits BoJ’s Biggest Rate Move in Decades
USD/JPY remains stable at approximately 160.20 during the Asian session on Monday. On Sunday, the United States and Iran announced that they have come to an agreement, which…
FX News EUR/USD Slips as Middle East Tensions Boost Dollar
The EUR/USD pair has softened to approximately 1.1540 during the early Asian session on Wednesday. The US initiated military strikes against Iran in response to the incident involving…
FX News USD/CHF Rises on Safe-Haven Dollar Demand
The USD/CHF pair is likely to experience an upward trajectory due to increased safe-haven demand stemming from escalating tensions in the Middle East. Iran’s IRGC executed a drone…
