Forex Market

The British pound is staging a robust comeback against the US dollar, climbing 0.56% to trade at 1.3572 after dipping to a low of 1.3487. This surge comes amid widespread weakness in the greenback, fueled by mounting expectations that the Federal Reserve will kick off a fresh round of monetary …

The U.S. dollar fell to a two-week low on Wednesday after softer-than-expected inflation data boosted expectations that the Federal Reserve will cut interest rates next month. The dollar index, which tracks the currency against a basket of peers, dropped to 97.62, its lowest level since July 28, extending Tuesday’s 0.5% …

The British pound climbed higher on Tuesday, capitalizing on a faltering U.S. dollar and bolstered by UK employment figures that defied grim expectations.The GBP/USD pair advanced to 1.3497, up from its previous close of 1.3431. During the session, the pair fluctuated, dipping to a low of 1.3420 before peaking at …

The USD/JPY currency pair declined on Tuesday, driven by a weakening U.S. dollar following a notable slowdown in U.S. consumer price inflation for July. The pair dropped to 147.83, down from the previous day’s close of 148.14. During the trading session, USD/JPY reached a high of 148.51 and a low …

The Trump administration is forging ahead with ambitious plans to reshape U.S. economic policy, tackling both global trade agreements and domestic monetary reforms. U.S. Treasury Secretary Scott Bessent recently outlined a bold agenda, emphasizing the completion of major trade deals and a potential overhaul of the Federal Reserve.On the trade …

The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, climbing above the 0.6500 threshold and erasing early losses. This rebound was driven by a weakening US Dollar, which overshadowed the Reserve Bank of Australia’s (RBA) recent decision to cut interest rates. By the American …

The euro faced mounting pressure as the Eurozone’s economic outlook darkened, with the ZEW Economic Sentiment Index plunging to a concerning low. The EUR/GBP currency pair, trading steadily around 0.8644 during the North American session, reflected the market’s cautious response to the Eurozone’s deteriorating confidence, overshadowed by trade tensions and …

The EUR/GBP currency pair held steady at approximately 0.8644, reflecting a cautious market response to contrasting economic signals from the UK and the European Union. With UK labor data showing strength and EU economic sentiment faltering, the pair remained range-bound during North American trading. A softer U.S. inflation report added …

In July 2025, US inflation accelerated, with the core Consumer Price Index (CPI), excluding volatile food and energy, climbing 0.3% month-over-month and reaching a 3.1% annual rate—the fastest since January. Driven by rising service costs like airfares, medical care, and recreation, this uptick signals persistent inflationary pressures that are sending …

U.S. consumer price growth was slower than expected in July, potentially strengthening the case for the Federal Reserve to cut interest rates at its next policy meeting in September. The Bureau of Labor Statistics’ consumer price index (CPI), a closely watched inflation gauge, rose 2.7% in the twelve months to …