September 17, 2025 7:26 am
The GBP/USD currency pair traded in proximity to a 10 1/2-week high of 1.3671 on Wednesday ahead of the outcome of the Federal Reserve’s and the Bank of England’s policy meetings. The Bank of England is expected to keep its benchmark interest rate intact at 4% at its September 18th meeting. In August, the BoE […]
Read moreSeptember 16, 2025 10:51 am
The USD/NOK currency pair was hovering above a fresh 31-month low of 9.8020 on Tuesday ahead of the outcome of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 4.00%-4.25% at its September meeting. Markets are also pricing in a […]
Read moreSeptember 16, 2025 8:31 am
The USD/CAD currency pair was hovering above a 1 1/2-week low of 1.3762 on Tuesday ahead of the outcome of the Federal Reserve’s and the Bank of Canada’s policy meetings. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 4.00%-4.25% at its September meeting. Markets are […]
Read moreSeptember 16, 2025 7:15 am
The USD/CHF currency pair was hovering just above a 1-week low of 0.7925 on Tuesday ahead of the outcome of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 4.00%-4.25% at its September meeting. Markets are also pricing in a […]
Read moreSeptember 14, 2025 12:24 pm
The EUR/MYR currency pair settled below recent high of 4.9692, its strongest level since July 28th, in the wake of the European Central Bank’s policy decision. The ECB left all three of its benchmark interest rates without change: – the main refinancing operations rate – at 2.15%; – the deposit facility rate – at 2.00%; […]
Read moreSeptember 14, 2025 8:44 am
The USD/MYR currency pair settled at Friday’s low of 4.2000, its weakest level since August 25th, as concerns over a weakening US labor market outweighed inflation woes prior to the Federal Reserve’s policy meeting. Annual headline consumer inflation in the US has picked up to 2.9% in August from 2.7% in July, in line with […]
Read moreSeptember 13, 2025 2:39 pm
The USD/NOK currency pair settled above Friday’s low of 9.8252, its weakest level since January 2023, as concerns over a weakening US labor market outweighed inflation woes prior to the Federal Reserve’s policy meeting. Annual headline consumer inflation in the US has picked up to 2.9% in August from 2.7% in July, in line with […]
Read moreSeptember 13, 2025 12:24 pm
The USD/SEK currency pair settled above Friday’s low of 9.2850, its weakest level since March 2022, as concerns over a weakening US labor market outweighed inflation woes prior to the Federal Reserve’s policy meeting. Annual headline consumer inflation in the US has picked up to 2.9% in August from 2.7% in July, in line with […]
Read moreSeptember 13, 2025 8:43 am
The EUR/USD currency pair settled below recent high of 1.1780, its strongest level since July 24th, in the wake of the European Central Bank’s policy decision and as concerns over a weakening US labor market outweighed inflation woes. Annual headline consumer inflation in the US has picked up to 2.9% in August from 2.7% in […]
Read moreSeptember 7, 2025 1:27 pm
The USD/CHF currency pair settled above Friday’s low of 0.7956, its weakest level since July 28th, following a considerably slower than anticipated US job growth, which cemented expectations of a Federal Reserve interest rate cut this month. Employers in all sectors of the US economy, excluding farming, added only 22,000 job positions in August, well […]
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