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Swiss Halts Interest Rate Hike, USD/CHF Surges
Sep 21 2023USD/CHF surged following the latest SNB announcement. This is because previous Swiss interest rate expectations were much higher than current.
EUR/USD Falls After the Latest Fed Announcement
Sep 21 2023Euro is increasingly under pressure due to today's Fed interest rate announcement, but the prospects for EUR/USD ahead remain diverse.
Inflation in the UK Cools Down, GBP/USD Weakens
Sep 20 2023The UK inflation data misses consensus estimates, causing market participants to have increased doubts about interest rate prospects and the pound sterling.
The UK Economy Worsen, GBP/USD Plummets
Sep 13 2023The UK GDP showing disappointing results. This indicate that the UK economy is plummeting and causing GBP/USD to fall.
The Economic Situation Worsens, EUR/USD Threatened
Sep 8 2023Various economic data in the Eurozone are deteriorating, presenting a dilemma for the European Central Bank (ECB) interest rate policy.
UK Wishes to Halt Rate Hike, GBP/USD Slides
Sep 6 2023Andrew Bailey delivered a dovish-toned testimony to the British Parliament, thus putting pressure on the pound sterling in GBP/USD and other currency pairs
Business Activity in the US Stalled, USD Traded Sideways
Aug 23 2023Manufacturing and services business activities in the US worsened in August 2023, thereby weighing down the movement of the dollar in the forex market.
Business Services in UK Slump, GBP/USD Decline
Aug 23 2023GBP/USD continues to be burdened by the economic controversy in the UK. Now, the UK business services are undergoing a recession.
Takeuchi: Japan Will Not Intervene Before USD/JPY Breaks 150
Aug 22 2023The excessively weak yen exchange rate might trigger the government to intervene. The question is, on what level will they intervene?
GBP/USD Rebound Stumbles on UK Retail Sales
Aug 18 2023UK retail sales data appeared weak, causing a GBP/USD momentum slowdown. However, this currency is still supported by some other data.
