FX Rate Updates

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 interest rate policy. The European Union has suspended the trade agreement with the United States due to uncertainties surrounding tariffs. The EUR/USD pair experiences a decline to … Read more

Fx Rate

USD/CHF dips under 0.7750 as Trump’s speech drags on the US Dollar

The currency pair is currently positioned in negative territory, hovering around 0.7730 in the early European session on Wednesday. The US Dollar shows a decline against the Swiss Franc following US President Donald Trump’s annual State of the Union address to Congress on Wednesday. Later on Friday, attention will turn to the Swiss Q4 Gross … Read more

FX Rate Updates

EUR/USD stays strong near 1.1795

The EUR/USD pair remains steady at approximately 1.1795 in the early Asian session on Tuesday. The US Dollar shows signs of weakening against the Euro due to ongoing uncertainty surrounding US tariffs. The upcoming release of the US January Producer Price Index report is set to attract significant attention later on Friday. The ruling by … Read more

Fx Rate

GBP/USD Surges Above 1.3500 Amid Stronger US Dollar

The Pound Sterling is appreciating on Tuesday, despite the Bank of England Governor indicating the possibility of additional easing, in the context of ongoing uncertainty regarding US trade policies. Currently, GBP/USD is trading around the 1.3530 mark, reflecting an increase of 0.30%. Sterling resumes its upward trajectory despite the Bank of England indicating possible interest … Read more

FX Rate Updates

USD/CHF Stuck in Range as US Trade Woes

USD/CHF faces challenges in finding direction on Monday, as disappointing Swiss economic data puts pressure on the Swiss Franc, while a weaker US Dollar restrains upward movement. Currently, the pair is trading at approximately 0.7738, reflecting a decrease of 0.16% for the day. The Greenback faced renewed pressure following the announcement of a 15% global … Read more

FX Rate Updates

USD/JPY Softens Amid Tariff Uncertainty

USD/JPY has softened to approximately 154.35 during the early Asian session on Monday, reflecting a decline of 0.46%. Trump announced an increase in global tariffs from 10% to 15%. Soft inflation data from Japan may dampen expectations regarding potential interest rate increases by the Bank of Japan. The USD/JPY pair sees some selling pressure near … Read more

FX Rate Updates

GBP/USD Tests 1.35 as Dollar Strength Pressures Pound

GBP/USD declined again on Wednesday, reflecting sustained pressure on the British pound against the US dollar. The pair is now approaching the 50-day EMA and the key 1.35 level, placing the market in a clearly binary setup. A daily close below 1.35 would significantly increase the probability of a move toward the 200-day EMA, currently … Read more

Fx Rate

EUR/USD dips under 1.1800 as Fed Minutes turn hawkish

EUR/USD declines to approximately 1.1785 during the early Asian session on Thursday. Multiple officials from the Federal Reserve indicated that additional tightening could be necessary should inflation remain persistent. There are indications that Lagarde of the ECB might step down prior to the completion of her term. The EUR/USD pair declines to a near two-week … Read more

Fx Rate Updates

EUR/USD Holds Steady as Iran Talks Continue

The EUR/USD pair experienced a slight decline during the North American session, hitting a daily low of 1.1804. This movement was influenced by a risk-off sentiment that supported the Greenback, particularly in light of ongoing tensions between the US and Iran. Currently, the pair is trading at 1.1845, reflecting a decrease of 0.07%. EUR/USD is … Read more

FX Rate Updates

USD/JPY Tests 152 Support as Dip Buyers Watch

The USD/JPY pair is experiencing some support beneath, as market participants assess the sustainability of the 152-yen level in maintaining upward momentum. The US dollar experienced a slight rally against the Japanese yen during early trading on Monday. However, it is important to note that market activity may be somewhat subdued due to the Presidents … Read more