Sterling is adjusting to a shift in the rate gap that the majority of the market failed to anticipate six months prior. GBP/USD declined to 1.3272 on Wednesday, marking its lowest point since July 2, as the U.S. dollar continued its upward trajectory across the market. The pair traded at 1.3292, down 0.40%, by 09:26, … Read more
The EUR/USD exchange rate declined to 1.1536 on Tuesday, reflecting a decrease of 0.11% for the session and marking the continuation of a four-day losing streak. The euro has experienced a decline in each session following the European Central Bank’s rate hike last Thursday, closing on Monday at approximately 1.1550, reflecting a decrease of 0.42%. … Read more
Cable relinquished the 1.3500 threshold and continued its downward trajectory. GBP/USD traded at 1.3470 during the New York morning, reflecting a decline of 0.38% for the session. The pair began the European day near 1.3505 and recorded a value of 1.3482 by 8:25. The pair currently occupies the lower boundary of its monthly range, lacking … Read more
AUD/USD continues its decline from the 0.7248 level observed last week, now approaching the lower boundary of the 0.7100s. Increasing speculation regarding the Federal Reserve’s monetary tightening, coupled with rising oil prices, is exerting downward pressure on the Australian dollar. A decisive breach of the 0.7110 level would validate the onset of a more pronounced … Read more
EUR/USD trades at 1.16298, reflecting an increase of 0.0005 or 0.05%, with the emphasis on the lack of significant movement. The pair has appreciated by 0.76% over the past month, while it has depreciated by 0.62% over the course of twelve months. During a session in which Brent reached $101, the U.S. 10-year yield registered … Read more
USD/JPY has breached the support area around 155.15, reaching fresh six-month lows near 154.00 on Monday, September 7, 2026. This movement accelerates a decline that has brought the pair to its lowest level since late February. The yen resumed its upward trajectory as the implications of a robust US payrolls report became clearer, while Japanese … Read more
The EUR/USD stands out as our currency pair of the week, primarily because the ECB’s policy decision is positioned between two significant US inflation data releases. However, with a sparse calendar in the initial days of the week, traders will derive their insights from oil prices, which are on the rise due to the increasing … Read more
EUR/USD traded at 1.1664 on Wednesday, down 0.09% on the session, after spending the Asian hours pinned in a tight band around 1.1660 and the early European session leaking toward 1.1650. The pair accelerated to multi-day troughs near 1.1650 immediately after the July PCE report and the second estimate of Q2 GDP landed at 12:30 … Read more
USD/CAD strengthens to approximately 1.3820 during the early European session on Monday. The United States has implemented a 50% tariff on goods imported from Canada. In response, Canadian Prime Minister Carney has pledged a ‘dollar-for-dollar’ retaliation, effective September 8. Iranian officials maintain a resolute stance, asserting that the sanctions will ultimately prove ineffective. During Monday’s … Read more
GBP/USD traded at 1.3557 Wednesday morning, reflecting a 0.2% increase during the session, following the release of July inflation data at 07:00 London time. TradingEconomics recorded 1.3556, reflecting an increase of 0.17%. The pair edged to 1.3552 immediately after the data, held 1.3550 through the European session, and printed 1.3545 in the first reaction — … Read more
