The euro commences the concluding week of September at a disadvantage. EUR/USD is currently at 1.1377, reflecting a decline of 0.13% from the previous session. Throughout the Asian and European mornings, the pair has fluctuated between a one-month low of 1.1360 and the 1.1400 threshold. The pair has not maintained a position above 1.1400 since … Read more
USD/CAD strengthens to approximately 1.4155 during the early European session on Monday. The constructive tone of the pair remains intact; however, a temporary sell-off cannot be ruled out given the overbought conditions. The immediate resistance level is identified at 1.4190, while the initial downside target to monitor is 1.4070. The USD/CAD pair is positioned in … Read more
The EUR/USD pair fluctuated within the range of 1.1375 to 1.1385 on Thursday, marking a continuation of its decline for a third consecutive session and reaching its lowest point since July 28 during the Asian trading hours. The pair has now declined in seven of the past nine sessions, with the euro depreciating by 2.53% … Read more
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
USD/JPY was observed around 157.45 at 09:30 on Tuesday, September 22, remaining slightly beneath the 61.8% Fibonacci retracement level of 157.536. The pair is consolidating following the Bank of Japan’s 25-basis-point increase to 1.25% on September 18, which resulted in a notable fluctuation between 156.656 and 158.05. The yen experienced a decline exceeding 2% last … Read more
EUR/USD is experiencing upward momentum, approaching 1.1475 during the early European session on Tuesday. The negative tone of the pair persists beneath the 100-day SMA, accompanied by bearish RSI momentum. The initial support level is positioned at 1.1445, while the first upside barrier is identified at 1.1545. The EUR/USD pair is currently positioned in positive … Read more
EUR/USD remains constrained beneath 1.1500, thereby exposing the 1.1450 support area. Fed’s Goolsbee reiterated that the US faces an inflation issue, suggesting the possibility of additional rate hikes in the future. In Europe, the increasing uncertainty in Germany has counterbalanced the favourable effects of declining oil prices. The Euro is consolidating last week’s decline against … Read more
EUR/USD records slight increases around 1.1480 during the early Asian trading session on Friday. Easing Treasury yields and a pullback in oil are exerting downward pressure on the US Dollar. ECB policymakers perceive a heightened risk of inflationary pressures. The EUR/USD pair is experiencing modest gains, hovering around 1.1480 in the early hours of the … Read more
Political change in the UK over the past four months has added a layer of uncertainty that weighs on sterling and the gilt market. The UK’s political landscape shifted sharply in 2026. In May, the 30-year gilt yield briefly touched roughly 5.81% amid speculation over a Labour leadership challenge, and it surged past 5.78% again … 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
