Market News

USD/CHF Rises Above 0.9100 on Hawkish Fed Comments The USD/CHF currency pair exhibited strength on Monday morning during the early European trading hours, buoyed by a shift in market sentiment concerning the U.S. interest rate outlook. Market participants are now anticipating fewer rate cuts from the Federal Reserve (Fed) this year, with expectations consolidating around

NZD/USD Stays Below 0.5900 Amid Risk-Off Mood, Rising US Dollar Demand The NZD/USD currency pair faced downward pressure, trading around 0.5880 in the early European session on Friday. The pair’s decline was influenced by a risk-off sentiment fueled by escalating tensions between Israel and Iran, which boosted the US Dollar’s appeal as a safe-haven currency.

EUR/USD Stays Above 1.0650 as US Dollar Faces Fresh Sell-Off The EUR/USD currency pair saw a modest increase, reaching 1.0672 in Thursday’s early Asian trading session. This rise was supported by a combination of renewed selling pressure on the US Dollar and a generally risk-acceptant market atmosphere. Key economic indicators set to be released later

USD/CAD Drops as US Dollar Weakens and Oil Prices Fall The USD/CAD currency pair ended its five-day rally, settling at around 1.3820 during the Asian trading session on Wednesday. This shift was primarily due to a modest correction in the US Dollar (USD), which exerted downward pressure on the pair. Despite this, declining crude oil

EUR/USD Drops Near 1.0600 as Fed Rate Hike Expectations Grow EUR/USD has dropped to near 1.0610, marking its sixth consecutive session of decline, amid trading in the Asian markets on Tuesday. The strong US Dollar, buoyed by rising US Treasury yields and solid retail sales data, is applying pressure on the Euro. The US Dollar