InterstellarFX

EUR/USD EUR/USD holds higher ground near 1.0450 in the early European session on Friday, bolstered by renewed US Dollar weakness. The preliminary reading of the HCOB Purchasing Managers Index for January from the Eurozone and Germany now remains in focus. GBP/USD GBP/USD extends its gains for the second successive day, trading around 1.2400 during the Asian hours on Friday. The pair’s upside could be attributed to the remarks from US President Donald Trump on late Thursday. USD/JPY USD/JPY is posting sizeable losses while below 155.50

EUR/USD The EUR/USD pair trades with mild losses around 1.0410 during the Asian trading hours on Thursday. The Euro softens as US President Trump has threatened to impose tariffs on the Eurozone.  GBP/USD GBP/USD remains subdued for the second successive session, trading around 1.2320 during the Asian hours on Thursday. The pair faces challenges as the US Dollar received support as President Donald Trump issued a memorandum instructing federal agencies to investigate and address ongoing trade deficits. USD/JPY The Japanese Yen (JPY) remains on the backfoot

EUR/USD The EUR/USD pair drifts lower to around 1.0415 during the Asian trading hours on Wednesday. The Euro weakens against the US Dollar after US President Donald Trump vowed to hit the European Union with tariffs. GBP/USD GBP/USD pauses its two-day rally, trading around 1.2330 during the Asian session on Wednesday. The pair remains subdued as the US Dollar holds onto modest gains. US President Donald Trump confirmed that the proposal for universal tariff hikes is still under consideration, although he stated, “We are not

EUR/USD EUR/USD remains in the negative territory after trimming its recent losses, trading around 1.0380 during the Asian hours on Tuesday. The Euro remains under pressure as dovish expectations for the European Central Bank continue to dominate. GBP/USD GBP/USD depreciates following news that President Trump intends to direct federal agencies to review tariff policies. Traders speculate that Trump’s policies could lead to inflationary pressures, possibly restricting the Fed to just one more rate cut. USD/JPY The Japanese Yen (JPY) remains on the front foot against

EUR/USD EUR/USD recovers some of its losses from the previous session, trading near 1.0280 during Asian hours. However, the pair’s upside may remain capped as the US Dollar (USD) could strengthen due to market caution ahead of President-elect Donald Trump’s inauguration later on the day. The US market will remain closed on Monday for the Martin Luther King Jr. Day holiday. GBP/USD The GBP/USD pair kicks off the new week on a slightly positive note and reverses a part of Friday’s decline, though

EUR/USD The EUR/USD pair weakens to near 1.0290 during the early European session on Friday. The expectation of further rate cuts by the European Central Bank drags the Euro lower against the Greenback. Traders await the Eurozone Current Account and Harmonized Index of Consumer Prices for fresh impetuses. GBP/USD GBP/USD churned chart paper near familiar levels on Thursday, chalking in a flat day after exploring some intraday downside and snapping a two-day win streak as price action gets hung up on the 1.2200 handle. USD/JPY The Japanese Yen

EUR/USD EUR/USD remains under modest pressure below 1.0300 in early Europe on Thursday. Dovish ECB-speak continue to reinforce expectations of further policy easing, driven by Eurozone’s weak economic outlook, weighing negatively on the pair ahead of ECB Minutes and US data.  GBP/USD GBP/USD stays on the back foot below 1.2250 in the European morning on Thursday. The pair remains undermined by a modest US Dollar uptick, increased bets of BoE interest rate cuts and concerns over the UK economic prospects. US monthly GDP and industrial data

EUR/USD EUR/USD remains steady following recent gains registered in the previous session, trading around 1.0300 during the Asian hours on Wednesday. The pair received support as the market sentiment is improved due to recent reports about US President-elect Donald Trump’s economic team considering a gradual increase in import tariffs boosted investor confidence, per Bloomberg. GBP/USD GBP/USD struggles to capitalize on this week’s modest bounce from a multi-year low. Stagflation fears and UK fiscal concerns undermine the GBP and weigh on the major. Subdued

EUR/USD The EUR/USD pair halts its five-day losing streak, trading around 1.0250 during Tuesday’s Asian session. A closer look at the daily chart suggests a continued bearish trend, with the pair moving lower within a descending channel pattern. GBP/USD GBP/USD breaks its five-day losing streak, rebounding from its 15-month low of 1.2099, recorded on Monday. The GBP/USD pair remains above 1.2200 during the Asian trading hours on Tuesday as the Pound Sterling (GBP) gains ground amid improved investor confidence. USD/JPY USD/JPY is taking a breather