USD/CHF ticks up to near 0.7890 as US Dollar recovers

USD/CHF ticks up to near 0.7890 as US Dollar recovers

The USD/CHF pair edges higher to near 0.7890 during the early European trading session on Friday. The Swiss Franc pair gains as the US Dollar (USD) bounces back after a sharp sell-off the previous day. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. […]

XAG/USD holds onto recovery move around $74, outlook remains grim

XAG/USD holds onto recovery move around , outlook remains grim

Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00. The Silver price attracted significant bids after a sharp decline in the US Dollar (USD), which was driven by diminished fears of policy divergence […]

EUR/USD surges over 1% as ECB rate hike talk hits USD

EUR/USD surges over 1% as ECB rate hike talk hits USD

EUR/USD reverses course and rises by more than 1.16% after the European Central Bank (ECB) held rates unchanged, while a leaked source revealed that policymakers are ready to discuss rate hikes as soon as April. In the US, the Federal Reserve (Fed) kept rates steady while the Fed Chair Jerome Powell struck a neutral-to-hawkish tone […]

Dollar rejected at 200-day SMA, drops towards 0.7900

Dollar rejected at 200-day SMA, drops towards 0.7900

The USD/CHF pair trades more softly during the North American session on Thursday despite the Swiss National Bank’s (SNB) verbal intervention in the forex markets to depreciate the Swiss Franc (CHF). Broad US Dollar (USD) weakness pushed the major down 0.31% to 0.7906. USD/CHF Price Forecast: Technical outlook The technical picture shows that USD/CHF buyers […]

Growth resilience versus demographic drag – BNP Paribas

Growth resilience versus demographic drag – BNP Paribas

BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce. It also flags medium-term risks to competitiveness and potential growth from worsening demographics by 2030. Demographic headwinds versus […]

Hawkish hold under energy shock – Rabobank

Hawkish hold under energy shock – Rabobank

Rabobank’s Senior Macro Strategist Stefan Koopman notes that the Bank of England (BoE) kept Bank Rate at 3.75% but adopted a distinctly hawkish tone as a renewed energy shock lifts inflation projections. The Monetary Policy Committee (MPC) is seen as “ready to act”, with Koopman now forecasting a single 25bp hike, potentially in April, while […]

JPY: BoJ holds but flags further hikes – BNY

JPY: BoJ holds but flags further hikes – BNY

BNY’s Head of Markets Macro Strategy Bob Savage notes that the Bank of Japan (BoJ) kept its policy rate around 0.75% with an 8–1 vote, noting moderate economic recovery and inflation near 2%. Source link

Gold hits one-month low near $4,700 as Fed’s hawkish stance weighs

Gold hits one-month low near ,700 as Fed’s hawkish stance weighs

Gold (XAU/USD) dives to a fresh low since February 6 during the first half of the European session on Thursday, though it finds some support near the $4,700 round figure. The US Dollar (USD) preserves the previous day’s strong gains fueled by the US Federal Reserve’s (Fed) hawkish outlook, which, in turn, is seen as […]

XAG/USD struggles near $75.50 on firm hopes of Fed’s extended pause

XAG/USD struggles near .50 on firm hopes of Fed’s extended pause

Silver price (XAG/USD) struggles to gain ground even after sliding to a fresh monthly low of $75.50 during the late Asian trading session on Thursday. The white metal has come under pressure amid the speculation that the Federal Reserve (Fed) will hold interest rates steady in the current range of 3.50%-3.75% in the entire year. […]

AUD/JPY holds gains to near 112.50 after BoJ keeps rates steady as expected

AUD/JPY holds gains to near 112.50 after BoJ keeps rates steady as expected

The AUD/JPY cross holds gains near 112.45 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after the Bank of Japan (BoJ) interest rate decision. Traders will closely monitor Governor Kazuo Ueda’s press conference for any hints about the next move. As widely expected, the BoJ decided […]