The EUR/USD pair commenced the third quarter at the 1.14 level, currently trading around 1.1410 after recovering from the one-year lows observed last week. The pair closed June at roughly 1.1400, a whisker off its weakest level since June 2025, and the bounce off the recent 1.1324 low did nothing to change the trajectory. The … Read more
USD/JPY commenced the third quarter with a significant surge, reaching a 40-year peak as the pair exceeded 162.5 and approached new territory near 163.00, coinciding with the Japanese yen’s decline to its lowest point since December 1986. The move has placed the currency market on high alert — a yen this weak raises the spectre … Read more
AUD/USD declines as a robust US Dollar takes advantage of increasing hawkish sentiment surrounding the Federal Reserve’s policy outlook. The CME FedWatch tool suggests that traders are currently assigning a probability of nearly 60% to a Federal Reserve rate hike by September. Trump asserted that discussions between the US and Iran were set to take … Read more
GBP/USD has softened to approximately 1.3240 during the Asian session on Tuesday. The US ADP employment data and the US NFP report are set to attract significant attention later this week. Economists anticipate that the BoE will maintain its benchmark interest rate at 3.75% until the conclusion of the year. The GBP/USD pair experiences a … Read more
The EUR/USD pair experiences a decline, approaching the 1.1415 level during the early Asian session on Tuesday. ECB’s Lagarde stated that Europe is becoming increasingly resilient to economic shocks. Markets anticipate an increase in US interest rates later this year. The EUR/USD pair is experiencing slight declines, trading at approximately 1.1415 in the early hours … Read more
Today, the USD/JPY has once again become the focal point after surging beyond the 162.00 level, placing Japanese authorities in an increasingly precarious position. The move has pushed the yen to its weakest against the dollar level since 1986, prompting fresh speculation that Tokyo could soon intervene in the foreign exchange market. Although the US … Read more
USD/CAD slips as the US Dollar weakens following reports that Washington and Tehran have paused hostilities in anticipation of peace talks in Doha. Traders continue to exhibit a heightened sensitivity to developments in the Middle East, evaluating the implications for regional stability and its influence on global risk appetite. The commodity-linked Canadian Dollar may face … Read more
The euro remains tethered to the dollar’s gravitational pull. EUR/USD traded near 1.1390 into Monday, remaining at the lower third of the range it has maintained throughout the year after dipping as low as 1.1324 the previous week and recovering toward 1.1410. The pair has declined for a second consecutive week, influenced not by any … Read more
USD/JPY is experiencing modest gains, hovering around 161.80 during the Asian session on Monday. The US and Iran seem to be re-engaging in discussions aimed at resolving the conflict. Traders are closely monitoring the situation for potential Japanese Yen intervention, given the currency’s significant volatility around the 162.00 psychological threshold. The USD/JPY pair exhibits slight … Read more
USD/CAD is experiencing depreciation as the commodity-linked Canadian Dollar finds support from the upward movement in oil prices. Oil prices increased following an attack on a vessel near Oman, which interrupted UN evacuations in the Strait of Hormuz, reigniting concerns over energy supply. The US Dollar may find support as increasing expectations of a Fed … Read more