The SNB is anticipated to maintain its policy rate at 0% on September 24, although projections may still be subject to change. The US Dollar halted its three-day rally and relinquished daily gains, even as hawkish expectations from the Federal Reserve persist. Robust US manufacturing data elevates the likelihood of an October Fed rate hike … Read more
USD/JPY edges higher to near 157.60 in Wednesday’s early Asian session. The recent rate hike by the Bank of Japan was accompanied by two dovish dissents, which has exerted downward pressure on the Japanese Yen. Potential currency intervention from Japanese authorities may assist in curbing the JPY’s depreciation. The USD/JPY pair exhibits an upward momentum, … Read more
The USD/CHF pair experiences an uptick as the US Dollar appreciates, following indications from the Federal Reserve of a possible additional rate hike before the end of the year. Switzerland’s Q2 2026 current account surplus experienced a notable increase, reaching CHF 23.7 billion. The Swiss National Bank is widely anticipated to maintain its benchmark rate … Read more
Australia’s manufacturing, services, and composite PMIs all experienced a decline in September, exerting significant pressure on the AUD. The US Dollar gains strength as the Federal Reserve signals potential additional interest rate hikes this year. Markets are currently reflecting an approximately 89% probability of a Federal Reserve interest rate increase in December, in anticipation of … Read more
EUR/USD softens to approximately 1.1445 during the early Asian session on Wednesday. Fed’s Collins delivered hawkish remarks, indicating her support for a rate hike. Merz’s party experienced a significant defeat in a regional election, impacting sentiment within the Eurozone. The EUR/USD pair declines to approximately 1.1445 in the early Asian trading hours on Wednesday. The … Read more
The USD/CHF pair experiences depreciation as the US Dollar weakens in the context of enhanced risk-on sentiment. UOB Group strategists observe robust momentum; however, they assert that it is premature to validate a USD/CHF breach above 0.8300. Fed’s Musalem cautions that inflation may remain elevated, exceeding the 2% threshold, unless there are earlier and incremental … Read more
USD/JPY is experiencing upward momentum, approaching 157.55 during the early hours of Tuesday’s Asian session. The Bank of Japan’s absence of hawkish guidance following last week’s rate hike exerts downward pressure on the Japanese Yen. Traders are currently assigning a probability of 56.5% to the likelihood of a Federal Reserve rate increase of at least … Read more
AUD/USD edges higher to approximately 0.7120 in the early European session on Tuesday. The hawkish tone of the RBA bolsters the Australian Dollar. Market participants are assigning a 56.5% likelihood to a Federal Reserve interest rate increase in October. The AUD/USD pair advances to approximately 0.7120 in the early hours of European trading on Tuesday. … Read more
EUR/USD registers slight increases near 1.1470 during the early hours of Tuesday’s Asian session. Political risks in Germany have escalated after the results of two more unsatisfactory state elections. Fed’s Musalem indicated that additional rate hikes are probably necessary to address inflationary pressures. The EUR/USD pair is experiencing slight increases, hovering around 1.1470 in the … Read more
The EUR/USD pair advances to approximately 1.1485 during the early hours on Monday. The Fed’s recent rate hike could support the US Dollar and limit the pair’s potential for appreciation. ECB’s Vujcic stated that energy is influencing rate expectations; however, the central bank will consider a wider array of indicators. The EUR/USD pair exhibits slight … Read more
