market reports

EUR/USD EUR/USD may find support from improving risk sentiment amid a potential ceasefire discussion between Trump and Putin this week. The US Dollar remains steady as traders exercise caution before the upcoming Retail Sales data release. GBP/USD The GBP/USD pair extends its losing streak for the third successive session, trading around 1.2940 during the Asian hours on Monday. USD/JPY The Japanese Yen (JPY) remains on the defensive against its American counterpart heading into the European session, though the downside remains cushioned. The global risk

EUR/USD The EUR/USD pair edges lower to around 1.0835 during the Asian trading hours on Friday. The Euro weakens against the US Dollar amid an escalating trade war between the United States and the European Union.  GBP/USD GBP/USD loses its traction in the European morning on Friday and declines toward 1.2900. The data from the UK showed that the Gross Domestic Product contracted by 0.1% on a monthly basis in January, while Manufacturing Production decreased by 1.1%, weighing on Pound Sterling. USD/JPY The USD/JPY begins Friday’s Asian

EUR/USD EUR/USD bidders eased off the gas pedal on Wednesday, allowing Fiber to retreat around one-third of one percent and pushed bids back below the 1.0900 major price handle. Despite a significant recovery in EUR/USD over the last couple of weeks, buyers are settling back down after readjusting Fiber by over 5% in less than two weeks. GBP/USD GBP/USD attempts to extend its gains for the third successive day, trading around 1.2960 during the Asian session on Thursday. The GBP/USD pair rises as the

EUR/USD EUR/USD keeps losses near 1.0900 in the European morning on Wednesday, snapping the three-day winning streak. EU responds with countermeasures to US tariffs on steel, exerting downward pressure on the pair amid a renewed US Dollar buying ahead of the US CPI data.  GBP/USD The GBP/USD pair edges lower during the Asian session on Wednesday and erodes a part of the previous day’s strong move up to over a four-month peak. Spot prices currently trade around the 1.2935 region, though the downtick

EUR/USD The EUR/USD pair gains ground for the third successive session, trading around 1.0860 during the Asian hours on Tuesday. A technical examination of the daily chart indicates a bearish breakout as the pair breaks below an ascending channel pattern, suggesting a shift in momentum from buyers to sellers. GBP/USD The GBP/USD pair recovers recent losses from the previous session, trading around 1.2890 during Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) struggles amid concerns that tariff

EUR/USD EUR/USD consolidates the previous week’s impressive gains and holds steady above 1.0800 in the European session on Monday. The data from Germany showed that Industrial Production grew at a stronger pace than expected in January but failed to trigger a market reaction. GBP/USD GBP/USD is treading water above 1.2900 in European trading on Monday, lacking a bullish impetus. The pair is undermined by US tariffs uncertainty-led risk-off flows and a pause in the US Dollar downtrend. All eyes remain on Trump’s

EUR/USD EUR/USD edges higher after registering losses in the previous session trading around 1.0810 during the Asian hours on Friday. The pair gains ground as the US Dollar loses ground, driven by falling Treasury yields as markets anticipate more aggressive Fed rate cuts this year amid US growth concerns. GBP/USD GBP/USD holds little gains after registering losses in the previous session, trading around 1.2880 during the Asian hours on Friday. The pair steadies as traders adopt caution ahead of the US Nonfarm Payrolls report scheduled to be

EUR/USD EUR/USD remains steady after registering gains for the last three consecutive sessions, hovering around 1.0790 during Thursday’s Asian trading hours. However, the Euro may face headwinds as the European Central Bank (ECB) is widely expected to implement another 25 basis point rate cut later in the day. This move would bring the Main Refinancing Operations Rate down to 2.65% and lower the Deposit Facility Rate to 2.5%. GBP/USD GBP/USD edges lower after registering gains for the last three consecutive days, trading

EUR/USD EUR/USD is bouncing back toward 1.0650 in the early European session on Wednesday. The pair regains traction as the US Dollar resumes its downside amid improving risk sentiment. Meanwhile, the Euro cheers plans for German fiscal reforms. Top-tier US economic data awaited.  GBP/USD GBP/USD holds ground near 1.2800 in the European trading hours on Wednesday. The US Dollar hovered near a three-month low amid concerns over slowing US economic growth and fresh Chinese stimulus measures. The focus shifts to US data

EUR/USD EUR/USD continues its upward momentum for the second consecutive session, trading around 1.0490 during Asian hours on Tuesday. The Euro (EUR) received support from rising hopes for a potential Ukraine peace deal. European leaders, alongside Ukrainian President Volodymyr Zelenskyy and UK Prime Minister Keir Starmer, have agreed to draft a structured peace plan to be presented to the United States (US). GBP/USD The GBP/USD pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday’s Asian hours. USD/JPY USD/JPY pares