Iran risks, hawkish Fed support dollar

The EURUSD pair struggles to capitalise on the previous day’s bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains and minor losses during the

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Yen strengthens amid safe-haven demand

The EURJPY currency pair fell sharply to near 159.00 in European trading hours on Monday, facing sharp selling pressure as the Japanese Yen outperforms across the board amid dismal market sentiment. Deepening

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Euro finds support in German elections

The EURJPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday. The Euro gathers strength as Germany’s conservatives won its election as expected. Traders brace

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Yen under pressure on intervention worries

EURJPY is retracing its recent gains from the previous session, trading around 163.20 in European markets on Tuesday. The Euro-Yen cross remains subdued following the release of the Bank of Japan’s Meeting

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