Forex Trading
FX News EUR/USD Slips as Oil-Driven Inflation Lifts Dollar
EUR/USD weakens to approximately 1.1490 during the early European session on Tuesday. The Federal Reserve is expected to maintain the current interest rates during its upcoming meeting in…
FX News GBP/USD Stalls Before BoE Rate Decision
On Tuesday, GBP/USD is maintaining a position close to 1.3315. The pound recorded a slight increase the prior day, yet it continues to hover near three-month lows, reflecting…
FX News EUR/USD stays near 1.1450 but bearish below critical EMA
EUR/USD maintains a favorable position near 1.1450 during the Asian session on Monday. The pair maintains a bearish sentiment beneath the significant 100-day EMA, indicating that the most…
FX News GBP/USD Holds Near 1.3255 as Markets Await BoE Rate Decisions
The GBP/USD pair shows strength, approaching 1.3255 during the early Asian session on Monday. The Federal Reserve is expected to maintain the current interest rates during its upcoming…
FX News EUR/USD Extends Losses Amid Oil Shock
The EUR/USD exchange rate maintained its significant downward trajectory this week. The asset experienced a decline over three consecutive days, hitting a low of 1.1545, a decrease from…
FX News EUR/USD Faces Pressure from Middle East Risks
EUR/USD is positioned around 1.1620 on Friday, as the US dollar is set to appreciate by roughly 1% by the week’s conclusion. The dollar is experiencing gains due…
FX News USD/CHF Gains Strength as Dollar Demand Rises
The USD/CHF pair maintains its robust position on Thursday, with overall inflows favoring the US dollar against the Swiss franc. The USD/CHF continues to demonstrate strength, suggesting a…
FX News USD/CHF Stays Strong Around 0.7700 Amid Middle East Tensions
USD/CHF moves upward, approaching 0.7695 during the early hours of Monday’s Asian session. Rising tensions in the Middle East may lead to increased safe-haven flows. The US PPI…
FX News EUR/USD dips under 1.1800 after Fed’s hawkish comments
EUR/USD declines to approximately 1.1775 during the early hours of Wednesday’s Asian session. Federal Reserve policymakers indicated a lack of immediate inclination to alter the current framework of…
FX News EUR/USD Soars to 1.1870 as Dollar Dips on Geopolitical Woes
The Euro experienced an increase of over 0.39% on Monday as the Greenback showed signs of weakness, influenced by a sell-off driven by US geopolitical concerns and speculation…
FX News EUR/USD Soars Past 1.1740 as Trump Backs Off Tariff Threats
EUR/USD rises for the second consecutive day this week, increasing by more than 0.50% as the Dollar weakens, even in light of robust US economic data released today.…
FX News EUR/USD Soars as Dollar Dips on Fed Moves and Weak Data
EUR/USD shows an upward movement during the North American session on Thursday, increasing by 0.41% following the Federal Reserve’s decision to lower interest rates, coupled with the release…
