USD/CHF ticks higher to near 0.8945 ahead of the Fed policy meeting at 20:00 GMT. The Fed is expected to cut interest rates by 25 bps to 4.25%-4.50%. The Swiss agency has lowered GDP growth...
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EUR/USD experiences sharp decline in response to the Federal Reserve’s 25 basis point rate cut paired with a cautious outlook on future policy adjustments. Fed Chair Jerome Powell emphasizes a careful approach to further rate...
GBP/USD retreats on Friday after the release of US Retail Sales leads to an appreciation of the US Dollar. Weak UK GDP growth data further adds to negative fundamentals to the pair and clouds the outlook. Some...
South Korean Finance Minister, Choi Sang-mok, said on Thursday that the officials will prepare foreign exchange (FX) stability and liquidity measures in the 2025 policy plan. Key quotes Will take market-stabilising measures if volatility is...
EUR/USD edges slightly higher on Wednesday, settling around 1.0500 but still capped by the 20-day SMA. RSI holds at 42 in negative territory, signaling persistent caution and subdued buying interest. The EUR/USD pair remains in...