Interstellar FX

EUR/USD The EUR/USD pair posts modest gains around 1.1635 during the early Asian session on Tuesday. Nonetheless, the potential upside might be limited, as Iran announced a halt to US negotiations and a full closure of the Strait of Hormuz, which could prompt risk-off sentiment. The preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone will be released later on Tuesday.  GBP/USD The GBP/USD pair trades in positive territory around 1.3460 during the Asian trading hours on Tuesday. However, renewed

EUR/USD The EUR/USD pair loses momentum to around 1.1635 during the early European trading hours on Friday. Mixed signals surrounding the US-Iran peace deal remain the primary driver of volatility. Traders will keep an eye on the preliminary readings of Germany’s inflation later on Friday.  GBP/USD GBP/USD holds ground after registering modest gains in the previous day, trading around 1.3450 during the Asian hours on Friday. The pair edges higher as safe-haven demand for the US Dollar (USD) fades following reports that

EUR/USD The Euro (EUR) slides 0.3% to near 1.1590 against the US Dollar (USD) during the Asian trading session on Thursday. The major currency pair faces intense selling pressure as market sentiment turns risk-averse, following Iran’s retaliation against United States (US) attacks near Bandar Abbas airport, Tasnim agency reported. GBP/USD The GBP/USD pair attracts some sellers near 1.3400 during the Asian trading hours on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) on fresh geopolitical developments. Markets

EUR/USD EUR/USD gains ground after registering minor losses in the previous day, trading around 1.1640 during the Asian hours on Wednesday. The pair gains upward momentum, heavily supported by a wave of hawkish sentiment surrounding the European Central Bank’s (ECB) monetary policy outlook. ECB policymaker Francois Villeroy de Galhau reinforced this stance on Tuesday, emphasizing that the central bank “will do what is necessary” to successfully keep inflation on target. GBP/USD The GBP/USD pair attracts some dip-buyers during the Asian session on

EUR/USD The EUR/USD pair opens with a bullish gap at the start of a new week as renewed optimism over a potential US-Iran peace deal weighs heavily on the safe-haven US Dollar (USD). Spot prices climb back closer to mid-1.1600s during the Asian session, though the broader setup warrants some caution before positioning for an extension of a modest recovery from the lowest level since April 7, around the 1.1575 region, touched last Thursday. GBP/USD The GBP/USD pair is seen building on

EUR/USD Commerzbank’s Volkmar Baur notes that EUR/USD has fallen to around 1.16 as markets now price a higher probability of a Fed rate hike by year-end while expecting the European Central Bank (ECB) to react less to inflation. Diverging PMI data show the Eurozone economy is hit harder by higher Oil and gas prices than the US, leaving EUR/USD sensitive to developments in the Iran conflict. GBP/USD United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect GBP/USD to continue trading

EUR/USD The EUR/USD pair trades vulnerably near the two-month low of 1.1596, posted on Tuesday, during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar (USD) trades firmly due to the combined efforts of the risk-aversion market theme and rising United States (US) Treasury Yields. GBP/USD The British Pound (GBP) drops against its major currency peers, sliding to near 1.3375, during the European trading session on Wednesday. The British currency comes under pressure, following

EUR/USD The EUR/USD pair trades 0.18% lower to near 1.1635 during the European trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) resumes its upside journey amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. GBP/USD The British Pound (GBP) drifts further from Monday’s highs near 1.3450 against the US Dollar (USD) on Tuesday, reaching session lows a few pips above 1.3400 at the time of writing. UK unemployment figures

EUR/USD EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows just above 1.1600,with the euro remaining under pressure against a firmer dollar amid renewed Middle East tensions and risk‑averse conditions. GBP/USD The British pound traded lower against the US dollar, dropping over 2% this previous week as leadership uncertainty and rate hike expectations weighed in. As of writing, the GBP/USD had exited a key level around 1.3400 and has exposed lower price levels. USD/JPY The USD/JPY pair scales higher

EUR/USD The EUR/USD pair extends its losing streak for the fourth trading day on Friday, trading 0.15% lower to near 1.1653 during the Asian trading session. The major currency pair faces selling pressure as the US Dollar (USD) extends its advance, following positive outcomes of the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping on Thursday. GBP/USD Commerzbank’s Michael Pfister highlights mounting political turmoil in the United Kingdom (UK), with resignations and leadership speculation tightening pressure on