FX Market
FX News USD/JPY Slips as Treasury Buybacks Support Yen Ahead of US PCE Data
USD/JPY has softened to approximately 158.90 during the Asian session on Wednesday. The Treasury could utilise its General Account to assist in financing government bond acquisitions. The majority…
FX News USD/JPY Approaches 160 as Yen Weakness Persists
The USD/JPY appreciates for the second consecutive day, achieving session highs exceeding 153.30. Market volatility remains subdued as investors anticipate significant macroeconomic events in the latter half of…
FX News USD/JPY Stays Around 157.25 as Middle East Tensions Boost Dollar
The USD/JPY is currently trading in a stable manner around 157.25 during the early hours of Tuesday’s Asian session. Increasing tensions in the Middle East may strengthen the…
FX News EUR/USD holds above 1.1700 as a weaker Dollar influences NFP outlook
EUR/USD remains stable above the 1.1700 level on Monday as the US Dollar shows signs of weakness, with market participants anticipating the upcoming Nonfarm Payrolls report on Tuesday.…
FX News USD/JPY Finds Support as BOJ Stays Dovish
The USD/JPY experienced a significant decline, subsequently bouncing back from the 155 level, which remains a robust support point. The Bank of Japan’s decision to refrain from tightening,…
FX News EUR/USD Soars to 8-Week High Near 1.1700 on Fed’s Dovish Cut
EUR/USD experienced a notable increase of over 0.59% on Wednesday following the Federal Reserve’s anticipated rate cut. This “dovish hold” led traders to move away from the Dollar…
FX News EUR/USD Rises as Market Eyes the Fed
The EUR/USD pair commenced the week favorably, climbing to 1.1653. The recent shift was driven by increasing anticipation for a Federal Reserve rate cut this Wednesday, which continues…
FX News EUR/USD holds firm at 1.1600 amid muted trading
EUR/USD remains unchanged on Thursday due to low trading liquidity, as US markets are closed for Thanksgiving. Ongoing expectations regarding a potential reduction in borrowing costs by the…
FX News EUR/USD approaches 1.1600 as declining claims do not alter the dovish sentiment
The EUR/USD experiences consecutive bullish sessions, driven by speculation regarding a potential rate cut by the Federal Reserve at the upcoming December meeting, subsequent to the publication of…
FX News GBP/USD climbs as traders anticipate key UK budget announcement
The GBP/USD pair continued its upward movement, hitting 1.3189, as market participants anticipate the specifics of the UK budget, which is set to be unveiled today, 26 November.…
FX News GBP/USD dips to 1.3120 as weak UK CPI fuels BoE easing expectations
GBP/USD sees a minor drop on Wednesday as inflation in the United Kingdom fell in October, increasing the chances of an interest rate cut by the Bank of…
FX News EUR/USD Dips Under 1.1600 as Dollar Rises on Fear Ahead of NFP
The EUR/USD pair has moved into negative territory today, dropping below the 1.1600 level for the second day in a row amid a risk-off sentiment. Investors are currently…
