July 27, 2025 8:37 am
The EUR/SEK currency pair settled above recent low of 11.1271, its weakest level since July 11th, in the wake of the European Central Bank’s policy decision. The ECB left its main refinancing operations rate intact at 2.15%, while the deposit facility rate was kept at 2.0%. Borrowing costs have been brought to their lowest levels […]
Read moreJuly 26, 2025 9:19 am
The EUR/GBP currency pair settled below Friday’s high of 0.8743, its strongest level since November 21st 2023, in the wake of the European Central Bank’s policy decision and as the latest UK data shifted focus from inflation to growth worries. The ECB left its main refinancing operations rate intact at 2.15%, while the deposit facility […]
Read moreJuly 19, 2025 5:09 pm
The USD/MYR currency pair settled below recent high of 4.2580, its strongest level since June 24th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 19, 2025 1:03 pm
The USD/CHF currency pair settled below recent high of 0.8064, its strongest level since June 25th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 19, 2025 8:40 am
The USD/NOK currency pair settled below recent high of 10.3464, its strongest level since May 19th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 16, 2025 10:54 am
The USD/ZAR currency pair was mostly flat on Wednesday, not far from last Friday’s 2 1/2-week high of 17.9734, ahead of South Africa’s retail sales report for May, which may provide more clues on the health of the local economy. Yesterday data by Statistics South Africa showed mining output grew 0.2% year-on-year in May, after […]
Read moreJuly 13, 2025 12:46 pm
The GBP/NOK currency pair settled above Friday’s low of 13.6506, its weakest level since June 24th, after data showed the UK economy had shrunk for a second straight month in May, which added to expectations that the Bank of England could cut interest rates next month. UK GDP contracted 0.1% month-on-month in May, following a […]
Read moreJuly 13, 2025 8:29 am
The GBP/SEK currency pair settled above Friday’s low of 12.8695, its weakest level since June 18th, after data showed the UK economy had shrunk for a second straight month in May, which added to expectations that the Bank of England could cut interest rates next month. UK GDP contracted 0.1% month-on-month in May, following a […]
Read moreJuly 12, 2025 8:39 am
The GBP/USD currency pair settled above Friday’s low of 1.3480, its weakest level since June 23rd, as the greenback gained on renewed tariff concerns. This week, US President Donald Trump said the US would impose a 35% tariff on Canadian imports and announced plans of blanket duties of 15% or 20% on the majority of […]
Read moreJuly 6, 2025 2:38 pm
The USD/SGD currency pair settled above recent low of 1.2698, its weakest level since October 22nd 2014, in the wake of stronger-than-expected US jobs data. Employers in all sectors of the US economy, excluding farming, added 110,000 job positions in June, while the unemployment rate dropped to 4.1%. The data reinforced the case for the […]
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