market reports

EUR/USD The EUR/USD pair attracts some sellers during the Asian session on Tuesday, snapping a three-day winning streak and stalling its recent recovery from the lowest level since May 2025 set last week. Spot prices slip below the 1.1400 mark amid a firmer US Dollar (USD) and seem vulnerable to weaken further. GBP/USD The GBP/USD pair loses traction to around 1.3240 during the Asian trading hours on Tuesday. A potential rate hike from the US Federal Reserve (Fed) provides some support to the

EUR/USD Commerzbank’s Michael Pfister argues that recent EUR/USD weakness reflects Dollar strength rather than Euro fragility, with Fed expectations driving the move. He notes falling Oil prices and collapsing inflation expectations limit ECB hike prospects, while a softer Dollar would require Fed expectations to retreat. Commerzbank expects Euro area inflation to stay relatively high, but sees 1.18 in EUR/USD only returning over a longer horizon. GBP/USD GBP/USD inches lower after opening at a bullish gap, trading around 1.3200 during the Asian hours on

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s modest recovery gains and oscillates in a narrow band during the Asian session on Friday. Spot prices, however, hold above mid-1.1300s and the lowest level since May 2025, set on Thursday, warranting some caution for bearish traders. GBP/USD The GBP/USD pair trades with mild gains near 1.3200 during the early European session on Friday. The British Pound (GBP) strengthens against the US Dollar (USD) as markets focus on who might become finance

EUR/USD The EUR/USD pair trades on a negative note near 1.1380 during the early Asian trading hours on Wednesday. The major pair extends the decline as traders continue to assess the developments surrounding the US-Iran peace deal. GBP/USD The GBP/USD pair loses traction to around 1.3195 during the early European trading hours on Wednesday. The British Pound (GBP) softens against the US Dollar (USD) amid political instability following Keir Starmer’s resignation as Prime Minister. Traders brace for the US May Personal Consumption Expenditures (PCE)

EUR/USD The EUR/USD pair trades with mild losses around 1.1425 during the early European session on Tuesday. The US Dollar (USD) edges higher against the Euro (EUR) amid risk-off sentiment and a hawkish Federal Reserve (Fed) stance. Traders will keep an eye on the preliminary readings of the Purchasing Managers Index (PMI) from Germany, the Eurozone and the United States (US) later on Tuesday.  GBP/USD United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD closed little changed at 1.3250 after intraday swings,

EUR/USD The EUR/USD pair loses ground to around 1.1465 during the early European session on Monday. The uncertainty surrounding the US-Iran peace deal, following threats from President Donald Trump to restart the war in the Middle East, weighs on the riskier assets such as the Euro (EUR) against the US Dollar (USD).   GBP/USD The GBP/USD pair climbs back to the 1.3235 region during the Asian session and fails the weekly bearish gap opening amid a modest US Dollar (USD) downtick, though the

EUR/USD The Euro has plunged against the US dollar after the Federal Reserve accompanied its rate hold with a hawkish stance on its projections. The new Fed Chair Kevin Warsh who debuted his first conference surprised the markets when he mentioned that rates will remain unchanged at 3.75% with a rate cut off the table after citing upside inflation risks. In addition to that, the Fed projected it’s rates for 2026 to 3.8%, sparking the possibility of a hike in the

EUR/USD The EUR/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since late March, around the 1.1480-1.1475 region touched the previous day. The intraday move up is sponsored by a broadly weaker US Dollar (USD) and lifts spot prices to a fresh daily high, around the 1.1525 area in the last hour. GBP/USD The GBP/USD pair gains some positive traction during the Asian session on Thursday and moves away from its lowest level

EUR/USD The EUR/USD pair trades with a positive bias for the third straight day and holds steady above the 1.1600 mark through the Asian session on Wednesday. Bulls, however, seem hesitant and opt to wait for the outcome of a two-day FOMC policy meeting before positioning for an extension of the recent goodish recovery from the 1.1500 psychological mark, or over a two-month low, touched last week. GBP/USD The British Pound (GBP) extends losses against the US Dollar (USD) on Wednesday, with the