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EUR/NOK settles above 2-month low, posts weekly loss

August 30, 2025 2:49 pm
The EUR/NOK currency pair settled above recent low of 11.7235, its weakest level since June 24th, as market players digested the latest inflation data prints out of Euro Area’s largest economies. In France, annual consumer inflation eased to 0.9% in August, preliminary data showed, or the lowest rate since May. The figure defied expectations of […] Read more

EUR/CHF settles above 3-week low, posts weekly loss

August 30, 2025 9:52 am
The EUR/CHF currency pair settled above recent low of 0.9319, its weakest level since August 4th, as market players digested the latest inflation data prints out of Euro Area’s largest economies. In France, annual consumer inflation eased to 0.9% in August, preliminary data showed, or the lowest rate since May. The figure defied expectations of […] Read more

GBP/MYR settles above 2-week low, posts weekly gain

August 24, 2025 3:58 pm
The GBP/MYR currency pair settled above Friday’s low of 5.6578, its weakest level since August 7th, after data showed UK manufacturing sector had contracted more than expected in August. The S&P Global UK Manufacturing PMI came in at a reading of 47.3 in August, down from 48.0 in July, against expectations of 48.3. Businesses cited […] Read more

GBP/CHF settles above 2-week low, posts weekly loss

August 24, 2025 11:31 am
The GBP/CHF currency pair settled above recent low of 1.0808, its weakest level since August 7th, after data showed UK manufacturing sector had contracted more than expected in August. The S&P Global UK Manufacturing PMI came in at a reading of 47.3 in August, down from 48.0 in July, against expectations of 48.3. Businesses cited […] Read more

GBP/NOK settles above 2-week low, posts weekly loss

August 23, 2025 3:49 pm
The GBP/NOK currency pair settled above Friday’s low of 13.5879, its weakest level since August 7th, after data showed UK manufacturing sector had contracted more than expected in August. The S&P Global UK Manufacturing PMI came in at a reading of 47.3 in August, down from 48.0 in July, against expectations of 48.3. Businesses cited […] Read more

GBP/SEK settles above 2-week low, posts weekly loss

August 23, 2025 8:17 am
The GBP/SEK currency pair settled above Friday’s low of 12.8320, its weakest level since August 7th, in the wake of Riksbank’s policy decision and after data showed UK manufacturing sector had contracted more than expected in August. The S&P Global UK Manufacturing PMI came in at a reading of 47.3 in August, down from 48.0 […] Read more

USD/ZAR hovers above recent 1 1/2-month low

August 18, 2025 11:27 am
The USD/ZAR currency pair traded not far from a 1 1/2-month low of 17.4708 on Monday ahead of a meeting between US President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders to discuss a peace deal with Russia. The summit between US President Donald Trump and Russia’s President Vladimir Putin did not produce a […] Read more

GBP/MYR settles below 3-week high, posts weekly gain

August 17, 2025 10:30 am
The GBP/MYR currency pair settled below recent high of 5.7276, its strongest level since July 24th, after the latest GDP growth data. The British economy grew 0.4% month-over-month in June, after a 0.1% contraction in the prior two months and exceeding expectations of a 0.1% growth. Services output contributed to the overall growth the most, […] Read more

GBP/NOK settles below 7-week high, posts weekly loss

August 16, 2025 4:53 pm
The GBP/NOK currency pair settled below recent high of 13.8816, its strongest level since June 26th, after stronger-than-expected UK GDP growth and Norges Bank’s policy decision. The British economy grew 0.4% month-over-month in June, after a 0.1% contraction in the prior two months and exceeding expectations of a 0.1% growth. Services output contributed to the […] Read more

USD/NOK extends losses, eyes on Norges Bank

August 13, 2025 11:38 am
The USD/NOK currency pair retreated for a third straight trading day on Wednesday ahead of the outcome of Norges Bank’s policy meeting and as the latest US CPI inflation data added to expectations of an interest rate cut by the Federal Reserve in September. Annual headline consumer inflation in the US remained stable at 2.7% […] Read more