US Dollar
FX News USD/CHF Rises as Weak Swiss Retail Sales Weigh on Franc
Swiss Franc retains its losses as the June Real Retail Sales data reported at 1.5%, falling short of the anticipated 3.1%. The US Dollar strengthened as traders exercise…
FX News EUR/USD Extends Losses as Risk Aversion Favors US Dollar
EUR/USD has declined to approximately 1.1500 during the early European session on Friday. The pair maintains a bearish sentiment in the short term, remaining below the 100-day SMA.…
FX News GBP/USD Falls as Hawkish Fed Supports US Dollar
GBP/USD declines as a hawkish Federal Reserve pause and internal FOMC divisions strengthen the US Dollar. The Greenback may face challenges as easing risk aversion is influenced by…
FX News EUR/USD Slips as Fed Hawkish Hold Boosts US Dollar
EUR/USD experiences slight declines, hovering around 1.1465 during the early hours of Thursday’s Asian session. While the Fed maintained its interest rates at the July meeting, Warsh asserted…
FX News USD/JPY Edges Up as Hawkish Fed Supports Greenback
USD/JPY edges higher to around 163.50 in Thursday’s Asian session. The Federal Reserve voted 9–3 to maintain its benchmark interest rate within the target range of 3.50% to…
FX News EUR/USD Holds Near 1.1390 as Fed Rate Decision Looms
The EUR/USD pair experiences an upward movement as the US Dollar exhibits signs of weakness in anticipation of the Federal Reserve’s expected decision to maintain interest rates. Traders…
FX News USD/JPY Steady Ahead of Fed Decision Amid Iran-Israel Tensions
The USD/JPY pair may experience an upward movement as recovering oil prices exert pressure on the Yen, considering Japan’s significant dependence on oil imports. US interception of Iranian…
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 GBP/USD Slips as Strong Dollar Keeps Pressure Ahead of Fed
The GBP/USD experiences a decline as the US Dollar maintains its strength in anticipation of a highly uncertain Federal Reserve rate decision. Declining crude prices contribute to a…
FX News EUR/USD Holds Near Monthly Low Ahead of Fed Rate Decision
EUR/USD commences the last week of July at 1.1369. Friday’s modest decline in energy prices diminished expectations that the Federal Reserve might raise rates as soon as its…
FX News USD/JPY Slips as Easing Iran Tensions Boost Yen
The USD/JPY declines as reduced oil prices strengthen the Yen following the cessation of strikes between the US and Iran. Japanese PM Sanae Takaichi’s approval rating declined in…
FX News EUR/USD Gains on Hawkish ECB Outlook
EUR/USD edges higher to around 1.1385 in the early European session on Friday. ECB maintains current interest rates while leaving the possibility for further tightening on the table,…