EUR/USD moves upward to approximately 1.1630 during the early Asian session on Wednesday. Trump indicated that the United States is engaged in discussions with Iran aimed at concluding the conflict. Analysts at Goldman Sachs anticipate that the ECB will raise rates in April and June. The EUR/USD pair shows resilience, approaching 1.1630 in the early … Read more
USD/JPY maintains its upward trend on Wednesday, climbing to 158.78 after a week that began with significant volatility. The recent alleviation of pressure on the yen can be attributed to a decline in oil prices and the anticipation of a possible resolution to the Middle East conflict, a situation that holds particular importance for Japan’s … Read more
EUR/USD experiences a slight decline, trading near 1.1580 during the early hours of Tuesday’s European session. Increasing tensions in the Middle East are strengthening the US Dollar, which is regarded as a safe-haven currency. Current market expectations indicate that the ECB is likely to implement a minimum of two rate hikes in 2026. The EUR/USD … Read more
GBP/USD declines as tensions escalate in the Middle East. The Gulf states are approaching direct engagement in the Iran conflict, as Saudi Arabia indicates a possible military transition. Market participants are anticipating the release of Tuesday’s flash S&P Global PMI data for March from both economies. The GBP/USD pair is experiencing selling pressure following a … Read more
Francesco Pesole emphasizes that the ECB’s careful communication conceals a hawkish pivot, as officials are said to be contemplating an April rate increase should inflation exceed expectations. Current market conditions reflect expectations for earlier tightening and increased probabilities of consecutive rate adjustments. Economists anticipates a heightened upside potential for the Euro, suggesting that EUR/USD could … Read more
The GBP/USD pair experienced an increase in the previous session and is currently adjusting to 1.3403. The pound reacted favorably to the Bank of England’s choice to maintain interest rates at their current level, as market participants concentrated on the regulator’s insights regarding the potential impact of the Iran conflict on forthcoming policy decisions. The … Read more
The USD/JPY pair is experiencing a decline, approaching the 159.70 mark during the Asian trading session on Thursday. The BoJ is anticipated to maintain its benchmark rate at the current level on Thursday. The Federal Reserve opted to maintain its overnight lending rate at its March meeting on Wednesday. The USD/JPY pair is currently positioned … Read more
EUR/USD is currently consolidating around 1.1532 on Wednesday, as market participants take a cautious approach in anticipation of the Federal Reserve’s upcoming decision. The Fed is anticipated to maintain the current interest rates. Market participants will closely monitor Jerome Powell’s remarks, especially regarding the potential impact of oil market fluctuations on the policy trajectory. Increasing … Read more
EUR/USD weakens to approximately 1.1490 during the early European session on Tuesday. The Federal Reserve is expected to maintain the current interest rates during its upcoming meeting in March on Wednesday. The ECB is anticipated to maintain its deposit rate at the current level on Thursday. The EUR/USD pair is currently positioned in negative territory, … Read more
EUR/USD maintains a favorable position near 1.1450 during the Asian session on Monday. The pair maintains a bearish sentiment beneath the significant 100-day EMA, indicating that the most likely direction is downward, supported by an oversold RSI momentum. The primary resistance level to monitor is 1.1510, while the first support level appears at 1.1415. The … Read more