USD/CHF rises as the Swiss Unemployment Rate increased to 2.9% MoM in May, from 2.8% prior. The US Dollar may lose ground due to increased…
‘Slightly pessimistic and uncertain’ was the characterisation of the US outlook expressed in the Fed’s Beige Book released last night and ahead of the next FOMC…
The ECB is widely expected to cut rates by 25bp today. This will take the deposit rate to 2.00%. The market currently prices a further…
Here is what you need to know on Thursday, June 5: Major currency pairs fluctuate within their weekly ranges early Thursday. The European Central Bank…
The Pound Sterling demonstrates strength around 1.3550 against the US Dollar as the Greenback suffers from downbeat US economic data for May. Tariff uncertainty further…
Silver prices maintain their bid tone, favoured by a weak USD.. Weak US services and employment figures boosted safe-haven demand on Wednesday. XAG/USD is moving…
EUR/GBP edges lower to near 0.8410 ahead of the monetary policy announcement by the ECB. The ECB is almost certain to lower interest rates by…
GBP/JPY appreciates as the Japanese Yen gains ground following the real wages data. Japan’s real wages fell 2.3% YoY in April as persistent inflation outpaced…
The Euro hesitates as markets brace for an ECB interest rate cut. Weak Eurozone growth and soft inflation figures point to further easing this year.…
Bullish view Buy the EUR/USD pair and set a take-profit at 1.1570. Add a stop-loss at 1.1300. Timeline: 1-2 days. Bearish view Sell the EUR/USD…