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GBP/SEK settles above 3-week low, posts weekly loss

July 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 more

GBP/USD settles above 2 1/2-week low, posts weekly loss

July 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 more

USD/SGD settles above 10 1/2-year low, posts weekly loss

July 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 […] Read more

USD/NOK settles above 1 1/2-week low, posts weekly loss

July 5, 2025 6:04 pm
The USD/NOK currency pair settled above recent low of 9.9988, its weakest level since June 20th, 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 Federal […] Read more

USD/SEK settles above 3-week low, posts weekly gain

July 5, 2025 1:22 pm
The USD/SEK currency pair settled above recent low of 9.3973, its weakest level since June 12th, 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 Federal […] Read more

USD/CHF settles above 14-year low, posts weekly loss

July 5, 2025 8:08 am
The USD/CHF currency pair settled above recent low of 0.7871, its weakest level since September 2011, 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 Federal […] Read more

USD/CHF hovers above lows last seen in September 2011

July 3, 2025 11:03 am
The USD/CHF currency pair hovered just above Tuesday’s low of 0.7871, its weakest level since September 2011, ahead of the key US Non-Farm Payrolls report later in the day, which may offer more insight into labor market conditions and the Fed’s future interest rate path. Employers in all sectors of the US economy, excluding farming, […] Read more

SEK/MXN settles below 1-week high, posts weekly gain

June 29, 2025 5:19 pm
The SEK/MXN currency pair settled below recent high of 2.0055, its strongest level since June 17th, in the wake of the Mexican central bank’s policy decision. Banco de México cut its key policy rate by 50 basis points to 8% at its June meeting, with annual inflation rising to 4.51% by mid-June and the local […] Read more

USD/NOK settles below 3-week high, posts weekly loss

June 29, 2025 3:37 pm
The USD/NOK currency pair settled below recent high of 10.2021, its strongest level since June 2nd, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Annual core PCE inflation in the US picked up to 2.7% in May from a revised up 2.6% […] Read more

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

June 29, 2025 12:28 pm
The USD/SEK currency pair settled above recent low of 9.4133, its weakest level since June 13th, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Annual core PCE inflation in the US picked up to 2.7% in May from a revised up 2.6% […] Read more