finance

EUR/USD EUR/USD remains subdued for the fourth consecutive day, trading around 1.0530 during the Asian session on Wednesday. However, the pair faced challenges as the US Dollar gained support from market caution, which could be attributed to the upcoming US Consumer Price Index data release due on Wednesday. GBP/USD GBP/USD extends its winning streak for the third successive session, trading around 1.2780 during the Asian hours on Wednesday. The Pound Sterling gains support against its major peers as traders become increasingly confident that the Bank of England will

EUR/USD EUR/USD trades in positive territory, eyeing 1.0600 in the early European session on Tuesday. The pair cheers the market’s optimism over likely Chinese stimulus, which caps the US Dollar upside. However, gains could be limited by increased dovish bets surrounding the ECB.  GBP/USD GBP/USD regains traction above 1.2750 in the European morning on Tuesday. The risk-sensitive pair capitalizes on a better mood, courtesy of China’s stimulus hope, and broad US Dollar softness. Traders could turn cautious heading toward Wednesday’s US inflation test.  USD/JPY The Japanese Yen

EUR/USD The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading hours. Investors will closely monitor the US Consumer Price Index inflation report for November, which is due on Wednesday. GBP/USD The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian session. Spot prices remain within striking distance of over a three-week high, levels above the 1.2800 mark, touched on Friday,

EUR/USD EUR/USD is back in the red below 1.0600 in the early European morning on Friday. The US Dollar regains poise due to profit-taking and a softer risk tone. Traders refrain from placing fresh bets on the pair ahead of the critical US Nonfarm Payrolls data release.  GBP/USD GBP/USD struggles to capitalize on its gains registered over the past three days. BoE Governor predicted four rate cuts in 2025 and weigh on the British Pound. Subdued USD price action could support the pair

EUR/USD EUR/USD is holding to mild gains above 1.0500 in the European morning on Thursday. Fed Chair Powell-induced US Dollar weakness and a positive market mood support the pair’s uptick ahead of EU Retail Sales and US Jobless Claims data.  GBP/USD GBP/USD trades with a positive bias for the third straight day and holds steady just above the 1.2700 mark in the early European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading

EUR/USD The EUR/USD pair faces some selling pressure to around 1.0530 amid the firmer US Dollar (USD) during the early Asian trading hours on Monday. Investors will closely monitor the speech by the European Central Bank’s (ECB) President Christine Lagarde and the release of the US ISM Manufacturing Purchasing Managers’ Index (PMI), which is due later on Monday.  GBP/USD EUR/USD is trading modestly flat above 1.0500 in the early European morning on Wednesday. The pair gyrates in a familiar range amid a broadly stable

EUR/USD EUR/USD kicked off another trading week with a decline back into familiar near-term lows, flubbing a fresh run at the 1.0600 handle and backsliding into 1.0500, shedding nearly eight-tenths of a percent on Monday. US Purchasing Managers Index (PMI) figures beat the street but still came in below the 50.0 contraction level, bolstering the safe haven Greenback. GBP/USD GBP/USD backslid below the 1.2700 handle on Monday. Another US Nonfarm Payrolls (NFP) week is underway, and the economic calendar is littered with plenty

EUR/USD The EUR/USD pair faces some selling pressure to around 1.0530 amid the firmer US Dollar (USD) during the early Asian trading hours on Monday. Investors will closely monitor the speech by the European Central Bank’s (ECB) President Christine Lagarde and the release of the US ISM Manufacturing Purchasing Managers’ Index (PMI), which is due later on Monday.  GBP/USD The GBP/USD pair attracts some sellers on the first day of a new week and reverses a major part of Friday’s positive move to

EUR/USD EUR/USD is holding gains above 1.0550 in the European morning on Friday. The pair derives strength from the peristent US Dollar weakness, further fuelled by the USD/JPY sell-off. Buyers, however, remain cautious ahead of the Eurozone preliminary inflation data.  GBP/USD GBP/USD gains some follow-through positive traction above 1.2700 in the early European trading on Friday, reaching a two-week top. A broad US Dollar weakness, improving risk appetite and thin market condtions continue to aid the pair’s recovery.  USD/JPY The Japanese Yen (JPY) sticks

EUR/USD EUR/USD edges lower to near 1.0550 during the Asian trading hours on Thursday. This downside of the pair could be attributed to the improved US Dollar (USD) amid the cautious mood surrounding the Federal Reserve’s (Fed) interest rate decision in December, following Wednesday’s robust inflation data. Markets may witness thin trading due to the US Thanksgiving holiday. GBP/USD GBP/USD holds losses as the US Dollar (USD) advances as the latest US inflation report indicated solid growth in consumer spending for October,