The GBP/USD remained relatively stable near 1.2160 on Thursday, facing challenges in its recovery due to the resurgence of dollar strength and increasing U.S. yields, which continued to exert pressure on the pair. The action came after a notable recovery in the dollar, as multiple Federal Reserve officials reaffirmed their dedication to upholding a tight … Read more
The EUR/USD pair remained around 1.1590, experiencing a decline for the fourth consecutive session as the U.S. dollar index approached 99.00, influenced by a resurgence in safe-haven demand in anticipation of U.S. CPI data and increasing tensions in U.S.–China trade relations. The pair has declined approximately 1.3% from last week’s peak of 1.1740, indicating a … Read more
The USD/JPY pair continued its upward trend for the fifth consecutive session, reaching 152.68, an increase of 0.47%. This movement comes as traders prepare for significant inflation data from Japan and the United States, while also considering reports of a forthcoming ¥14 trillion (≈$90 billion) fiscal stimulus from Japan. This action occurred in the context … Read more
The GBP/USD pair was observed trading around 1.3360 on Wednesday afternoon, showing a modest recovery following an intraday low of 1.3305. The British pound faced increased pressure after a UK inflation report came in weaker than anticipated, bolstering expectations that the Bank of England may lower rates as soon as December. Headline CPI remained unchanged … Read more
The EUR/USD pair continued its downward trend, falling below 1.1600 to reach 1.1572 as market participants showed a preference for the Dollar in light of escalating U.S.–China tensions and anticipations of a Federal Reserve rate cut in the upcoming week. The demand for the dollar increased as investors looked for safety amid global market fluctuations, … Read more
The Japanese yen faces significant selling pressure once more, with USD/JPY hovering around 152.90, nearing the pivotal 154.00 resistance level as investors assess Japan’s forthcoming leadership transition, increasing global bond yields, and the diminishing prospects for Federal Reserve rate cuts. The dynamics at play illustrate a convergence of two significant macroeconomic themes — Japan’s tenuous … Read more
The EUR/USD pair continued its decline towards the 1.1600 level, influenced by a robust dollar and a trend of cautious positioning in anticipation of significant U.S. inflation data scheduled for later this week. The euro’s initial advances diminished as market participants responded to weak Eurozone fundamentals, ongoing political instability in France after its A+ credit … Read more
The USD/JPY pair remains stable around 150.60, upholding a bullish trend as market participants assess Japan’s significant political transition alongside the prolonged U.S. government shutdown. The appointment of Prime Minister Sanae Takaichi, Japan’s first female leader, has sparked fresh speculation regarding the Bank of Japan’s policy trajectory, as markets foresee a postponement in rate normalization. … Read more
In light of President Donald Trump’s comments regarding the “unsustainable” nature of high tariffs on China, the U.S. Dollar experienced a broad strengthening, accompanied by an improvement in risk sentiment. The GBP/USD pair experienced a decline of 0.17%, currently trading near 1.34, while the Dollar Index increased to 98.42, bouncing back from previous losses. Trump’s … Read more
The USD/JPY pair is currently positioned around 150.65, bouncing back from the previous week’s low of 149.38. This movement is influenced by changing U.S. rate expectations, Japan’s imminent political transition, and a resurgence of optimism regarding U.S.-China relations, all converging to define a pivotal moment for the yen in 2025. The recovery comes after a … Read more