Softening US market data suggests that the Federal Reserve (Fed) may take a less aggressive approach to future rate hikes, which could weaken the US Dollar (USD). According to the CME FedWatch Tool, the odds of a 25 basis point (bps) rate cut at the...
The USD/CHF exchange rate stabilized near its highest level in eight weeks at 0.8670 during London dealings on Friday. The Swiss franc maintained its stability as traders ruled out a 50 basis point interest rate cut by the Federal Reserve at its...
The spot prices remained constrained at $2,720 as the US Dollar (USD) and bond yields saw an uptick during Friday’s North American session. Investors are seeking clearer signals regarding the likelihood of a U.S. recession, while also awaiting more...
The EUR/GBP pair fell to a fresh low of 0.8295 on Friday, as the British pound gained strength against the euro. This was primarily driven by stronger-than-expected UK retail sales data, which suggested that the Bank of England (BoE) may not need to...