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USD/MXN settles above 10-month low, posts weekly loss

June 29, 2025 10:35 am
The USD/MXN currency pair settled above Friday’s low of 18.7992, its weakest level since August 20th 2024, in the wake of the Mexican central bank’s policy decision, while investors wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Banco de México cut its key policy rate […] Read more

EUR/MXN settles below 6 1/2-week high, posts weekly loss

June 28, 2025 5:42 pm
The EUR/MXN currency pair settled below recent high of 22.1890, its strongest level since May 8th, in the wake of the Mexican central bank’s policy decision and after the release of French and Spanish inflation figures. Banco de México cut its key policy rate by 50 basis points to 8% at its June meeting, with […] Read more

EUR/NOK settles below 8-week high, posts weekly gain

June 28, 2025 12:50 pm
The EUR/NOK currency pair settled below recent high of 11.8392, its strongest level since April 30th, after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked up to 0.9% in June, preliminary data showed, from 0.7% in May (the lowest rate since February 2021). Spain’s annual CPI inflation picked […] Read more

EUR/SEK settles below 10-week high, posts weekly loss

June 28, 2025 10:26 am
The EUR/SEK currency pair settled below recent high of 11.1777, its strongest level since April 16th, after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked up to 0.9% in June, preliminary data showed, from 0.7% in May (the lowest rate since February 2021). Spain’s annual CPI inflation picked […] Read more

EUR/USD settles below 45-month high, posts weekly gain

June 28, 2025 8:36 am
The EUR/USD currency pair settled below Friday’s high of 1.1754, its strongest level since September 22nd 2021, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated and after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked […] Read more

CAD/CHF hovers above fresh 1-week low of 0.5927

June 23, 2025 2:11 pm
The CAD/CHF currency pair hovered just above a 1-week low of 0.5927 on Monday, as the escalating conflict in the Middle East in the wake of the US strike on crucial Iranian nuclear facilities over the weekend spurred demand for safe-haven currencies such as the Swiss Franc. Investors were also on watch for what the […] Read more

CHF/SEK scales 9 1/2-week peak on rising ME risk

June 23, 2025 10:37 am
The CHF/SEK currency pair scaled a fresh 9 1/2-week high of 11.9103 on Monday, as the escalating conflict in the Middle East in the wake of the US strike on crucial Iranian nuclear facilities over the weekend spurred demand for safe-haven currencies such as the Swiss Franc. Investors were also on watch for what the […] Read more

CHF/NOK settles below 1-month high, posts weekly gain

June 22, 2025 4:43 pm
The CHF/NOK currency pair settled below recent high of 12.4833, its strongest level since May 16th, in the wake of Norges Bank’s and the Swiss National Bank’s policy decisions. Norges Bank lowered its key policy rate by 25 basis points to 4.25% at its June meeting, confounding market consensus of a hold. The central bank […] Read more

USD/SEK settles below 3-week high, posts weekly gain

June 22, 2025 1:37 pm
The USD/SEK currency pair settled below recent high of 9.6952, its strongest level since May 29th, in the wake of Riksbank’s and the Federal Reserve’s policy decisions. Sweden’s Riksbank lowered its key policy rate by 25 basis points to 2% at its June meeting, in line with market consensus. The central bank highlighted slowing economic […] Read more

USD/NOK settles above 28 1/2-month low, posts weekly gain

June 22, 2025 11:18 am
The USD/NOK currency pair settled above recent low of 9.8548, its weakest level since January 30th 2023, in the wake of Norges Bank’s and the Federal Reserve’s policy decisions. Norges Bank lowered its key policy rate by 25 basis points to 4.25% at its June meeting, confounding market consensus of a hold. The central bank […] Read more