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EUR/USD Falls as US PCE Inflation Supports Fed Tightening

EUR/USD has declined to approximately 1.1365 during the early Asian session on Friday. The US PCE price index experienced a year-on-year increase of 4.1% in May. Markets reduce…

FX News

USD/CHF Advances Toward 0.8100 on Hawkish Fed Outlook

USD/CHF is strengthening as expectations for a Fed rate hike continue to rise. The CME FedWatch tool indicates that markets are assigning a 63.4% likelihood to an interest…

FX News

EUR/USD Finds Support Near 1.1350 Before PCE Data

EUR/USD is advancing towards 1.1370 during the early European session on Thursday. The bearish outlook of the major pair remains intact below the key 100-day SMA, with oversold…

FX News

GBP/USD Edges Higher as Traders Await US Inflation Data

GBP/USD has shown a recovery, currently trading near 1.3175 during the Asian session on Thursday. UK Prime Minister Keir Starmer resigned on Monday, resulting in an abrupt upheaval…

FX News

EUR/USD Dips as Fed Rate Hike Boosts Dollar

The EUR/USD pair has experienced a decline, settling at approximately 1.1380 during the early hours of the Asian session on Wednesday. Trump asserted that Iran consented to an…

FX News

USD/JPY Holds Ground as Traders Assess Rate Differentials

USD/JPY remains stable around 161.60 during the early hours of Wednesday’s Asian session. Traders are reevaluating the timing of potential US interest rate increases following the Federal Reserve’s…

FX News

EUR/USD Steady Amid US-Iran Talks and Fed Outlook

EUR/USD remains within a narrow range as market participants observe the developments in the diplomatic discussions between Washington and Tehran taking place in Switzerland. US Vice President JD…

FX News

GBP/USD Remains Under Pressure Amid UK Political Uncertainty

GBP/USD remains weak around 1.3245 in Tuesday’s early Asian session. UK Prime Minister Keir Starmer has resigned, indicating a phase of political instability. The Fed maintains its current…

FX News

EUR/USD Slips to 1.1450 as Bearish Trend Hits Lower Bollinger Support

The EUR/USD pair has experienced a decline, approaching the 1.1465 level during the early European session on Monday. The pair maintains a bearish sentiment, with downside pressure dominating…

FX News

USD/CHF Near Seven-Month High on Safe-Haven Demand

USD/CHF maintains its position at a nearly seven-month peak of 0.8091. The US Dollar gains support as a renewed US-Iran peace deal elevates safe-haven demand. The SNB will…

FX News

EUR/USD Climbs as Traders Balance Peace Deal and Fed Outlook

During Friday’s early Asian session, EUR/USD moves up to about 1.1460. With the US announcing the end of its blockade, the US-Iran interim ceasefire agreement has taken effect.…

FX News

USD/CHF Hits Highest Level Since December

USD/CHF extends its upside to near 0.8075 in Friday’s early European session. US Vice President JD Vance has cancelled a scheduled visit to Switzerland for discussions with Iran.…

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