Pressured versus US Dollar with ECB repricing – Societe Generale

Pressured versus US Dollar with ECB repricing – Societe Generale

Societe Generale analysts note EUR/USD is lacking clear direction as it trades around its 200‑DMA and approaches an ascending trend line from February 2025. The pair faces resistance near 1.1750/1.1800 and support around 1.1500–1.1390. Softer Euro PMIs and expectations of European Central Bank (ECB) tightening versus a less dovish Fed are seen as Euro‑negative. Key […]

RBA comforted by softer data – Standard Chartered

RBA comforted by softer data – Standard Chartered

Standard Chartered’s Nicholas Chia argues that softer Australian labour data and activity indicators support the view that the Reserve Bank of Australia has likely peaked its cash rate at 4.35%. The bank highlights rising unemployment, weaker PMI and moderating wage growth, and sees a high bar for further hikes, with potential easing only if activity […]

Trades flat near 159.00 as investors seek fresh developments on Iran war

Trades flat near 159.00 as investors seek fresh developments on Iran war

The USD/JPY pair trades calmly around 159.00 during the Asian trading session on Thursday. The pair turns sideways as investors await fresh developments regarding negotiations between the United States (US) and Iran, after President Donald Trump stated on Wednesday that talks are in “final stages”. As of writing, the US Dollar Index (DXY), which tracks […]