US Dollar
FX News GBP/USD Slips as Middle East Tensions Boost Dollar Demand
GBP/USD softens to approximately 1.3530 in the early Asian session on Thursday. The US military has initiated another series of strikes targeting Iran. Rising tensions in the Middle…
FX News EUR/USD Rallies as Fed Rate Hike Odds Decline
The early Asian session on Wednesday saw an increase in EUR/USD to about 1.1425. The US Consumer Price Index rose by 3.5% year-over-year in June, a figure that…
FX News USD/CHF Trades Flat After Cooling U.S. CPI Data
The USD/CHF pair exhibits minimal movement as the US Dollar experiences a decline following soft inflation data, which has heightened expectations for a less hawkish Federal Reserve. US…
FX News EUR/USD Gains Limited by Safe-Haven Demand for U.S. Dollar
EUR/USD is experiencing slight increases, hovering around 1.1385 during the early hours of Tuesday’s Asian session. Trump stated that the US will impose a blockade on Iran in…
FX News USD/JPY Eyes 40-Year High Above 162
USD/JPY may rise toward the 40-year high of 162.84. The 14-day Relative Strength Index’s decline to the mid-50s suggests that consolidation is mitigating earlier overbought conditions. The currency…
FX News EUR/USD Rises as ECB Rate Hike Boosts Euro
EUR/USD is experiencing modest increases, hovering around 1.1430 during the early Asian trading session on Friday. The ECB observed an increase in inflation, even in light of nearly…
FX News GBP/USD Rises as BoE Rate Hike Expectations Boost Pound
GBP/USD advances to approximately 1.3430 during the Asian session on Friday. Andy Burnham is poised to assume the role of the next UK Prime Minister on July 20.…
FX News EUR/USD Gains as Fed Minutes Weigh on US Dollar
The EUR/USD pair experiences an upward movement as the mixed signals from the Fed Minutes contribute to a depreciation of the US Dollar. The US Dollar may rebound…
FX News USD/JPY Slips as Yen Firms on Intervention Concerns
USD/JPY has softened to approximately 162.45 during the early session on Thursday in Asia. Traders are closely monitoring the situation for potential intervention in the Japanese Yen. The…
FX News EUR/USD Slips as Iran Tensions Boost Dollar Ahead of Fed Minutes
The EUR/USD pair has retraced to the 1.1400 region following a rejection at 1.1430 earlier on Wednesday. Recent tensions between the US and Iran, coupled with investor caution…
FX News USD/CHF Rises as Safe-Haven Demand Boosts US Dollar
The USD/CHF experiences an uptick as the US Dollar strengthens in the wake of US airstrikes on Iran, prompted by attacks on ships in the Strait of Hormuz.…
FX News EUR/USD Under Pressure as Fed Outlook Supports Dollar
The EUR/USD forecast is positioned with a slight downward bias as the dollar persists in drawing buyers during a week that has commenced with relative calm. In the…
