The USD/JPY currency pair recovered early losses and rose to around 148.00 during Friday’s European trading session, supported by continued US Dollar (USD) strength. Key Drivers ✅ US Dollar Strength 📅 Upcoming…
Category: Forex News
USD Gains Support from Lower Jobless Claims – ING
The US Dollar (USD) received support from better-than-expected jobless claims data, which helped it maintain gains after the recent Federal Reserve (Fed) decision, according to ING FX analyst Francesco Pesole. Key Economic…
EUR/USD May Retest 1.1750 Before Recovery – UOB Group
According to FX analysts Quek Ser Leang and Peter Chia from UOB Group, the EUR/USD currency pair could retest the 1.1750 level before a more sustained recovery occurs. However, the major support…
Ivanhoe Mines Lowers Kamoa-Kakula Copper Production Outlook After Flooding
Ivanhoe Mines has reduced its medium-term copper production forecast for the Kamoa-Kakula mine. The new target is 550,000 tonnes, down from the previous estimate of over 600,000 tonnes. This revision follows flooding…
EUR/USD Recovery Stalls Ahead of U.S. Jobless Claims and Manufacturing Data
EUR/USD Price Action: Key U.S. Economic Events – September 18 Initial Jobless Claims: Philadelphia Fed Manufacturing Index: Federal Reserve Update: U.S. Economic Projections (Fed SEP): Eurozone Developments: Latest Eurozone Data: Currency Market…
EUR up modestly vs. USD on mixed second-tier data – Scotiabank
EUR Gains Slightly Against USD Despite Mixed Eurozone Data – Scotiabank The Euro (EUR) rose by 0.2% against the US Dollar (USD) during early North American trading on Thursday. This gain followed…
Bank of Canada Cuts Rates by 25bps, Signals Possible Further Easing – BBH
The Bank of Canada (BoC) reduced its policy interest rate by 25 basis points to 2.50%, in line with market expectations. This marks the first rate cut since April. According to the…
🏛️ Federal Reserve Decision to Dominate Market Focus Today
📍 Event Overview 🔁 Market Reaction Scenarios Scenario 1: Standard Cut (25 basis points) Scenario 2: Jumbo Cut (50 basis points) + Dovish Guidance 📉 Broader Outlook: Fed vs. ECB ⚠️ Caution…
📉 Commodities Market Update
1. Energy – Oil Prices Under Pressure Despite Inventory Draws 2. Metals – Aluminium Rally Strengthens Amid Rate Cut Expectations 3. Agriculture – France Updates 2025/26 Crop Estimates ✅ Summary Commodity Trend…
Markets Prepare for 25 bps Fed Rate Cut Amid China Semiconductor News and Powell’s Press Conference
Semiconductor Context: Why 7nm Chips Matter “7nm” chips refer to semiconductors manufactured using a 7-nanometer process, meaning the smallest features on the chip are approximately 7 nanometers wide. For comparison: These improvements…