As the North American session gets underway, the US dollar is trading higher against the major currency pairs. In the video, I take a technical look at the roadmap for the three major pairs — EURUSD, USDJPY, and GBPUSD — as traders position ahead of the key US CPI report a
The Euro (EUR) heads lower against the Dollar (USD) on Tuesday, trading right below 1.1750 at the time of writing, after another rejection at the 1.1790 area on Monday. Market concerns about the growing fragility of the US-Iran ceasefire are buoying the safe-haven US Dolla
EUR/GBP holds firm on Tuesday after hitting a three-week high of 0.8697 earlier in the day, as traders assess rising political instability in the United Kingdom (UK) and stalled US-Iran negotiations. At the time of writing, the cross is trading around 0.8679, up roughly 0.
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Japan and the US reaffirm coordination on FX volatility, but yen slides persist ahead of US CPI data and geopolitical tensions. USD/JPY rebounded to a critical resistance level as Japanese yen weakness continued despite recent intervention efforts. The pair briefly dipped
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Markets price a 75% chance of a 25 bps Bank of Japan rate increase next month despite cautious signals from the central bank. The Japanese yen weakened as USD/JPY climbed to 157.75 after testing a two-month low near 155.00. The 160.00 level remains a critical resistance po
USD/CHF rises 0.46% on the day The Swiss Franc has weakened against the US Dollar, with the USD/CHF trading pair rising 0.46% on the day to around 0.7815. This increase is supported by renewed demand for the US Dollar amid fresh geopolitical tensions. The S
The Swiss Franc weakens against the USD as Middle East tensions and Fed rate expectations lift the Dollar before April CPI figures. USD/CHF climbed 0.46% to 0.7815 on Tuesday, driven by renewed demand for the US Dollar amid escalating geopolitical tensions in the Middle Ea