InterstellarFX

EUR/USD The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for October is due for release today at 07:30 and 08:00 GMT, respectively. Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of their impact on the European currency and the related markets as well. GBP/USD GBP/USD tilted into the red for a fifth straight trading day on Thursday, continuing to test the waters just north of the 1.3300 handle. Cable bids

EUR/USD EUR/USD leaves behind a multi-day negative streak and manages to advance past the 1.1600 hurdle at the end of the NA session on Wednesday. The recovery in spot follows a slight pullback in the Greenback as investors continue to assess the US-China trade front and the lack of progress toward a deal to end the US government shutdown. GBP/USD GBP/USD extends its losing streak for the fifth consecutive day, trading around 1.3340 during the Asian hours on Thursday. The pair depreciates

EUR/USD EUR/USD trades listlessly above 1.1600 in Wednesday’s European trading hours, pausing a three-day losing streak. The struggles to gain ground as the US Dollar consolidates the upside. The Greenback witnessed a turnaround on Tuesday amid easing US-China trade tensions and a profit-taking pullback.  GBP/USD GBP/USD has come under renewed selling pressure below 1.3350 in the European session on Wednesday. The UK annual Consumer Price Index rose 3.8% in September, against an expected increase of 4% in the same month. A downside

EUR/USD The EUR/USD pair extends its two-day downside move to near 1.1630 during the Asian trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) gains on hopes that the ongoing United States (US) government shutdown will end this week. GBP/USD The GBP/USD pair extends the decline to near 1.3390 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the Pound Sterling (GBP) on easing US-China trade tensions. Traders will closely watch the

EUR/USD EUR/USD struggles for the second successive session, trading around 1.1660 during the Asian hours on Monday. The pair depreciates as the Euro (EUR) struggles after Bloomberg reported on Saturday that S&P Global Ratings downgraded France’s credit rating to A+ from AA-, citing “elevated” budget uncertainty despite the government’s submission of its 2025 draft budget. GBP/USD The GBP/USD pair kicks off the new week on a subdued note following Friday’s good two-way price swings and holds steady above the 1.3400 round figure during

EUR/USD EUR/USD extends its gains for the fourth consecutive session, trading around 1.1710 during the Asian hours on Friday. The pair appreciates as the Euro receives support after France’s government survived a no-confidence vote, as Prime Minister Sebastien Lecornu’s pledge to suspend a key pension reform won backing from some left-wing lawmakers. GBP/USD The GBP/USD pair gains positive traction for the third consecutive day on Friday and moves further away from its lowest level since early August, around 1.3250-1.3245. Spot prices currently trade around mid-1.3400s,

EUR/USD The EUR/USD pair edged lower and bottomed at 1.1542 on Thursday, ending the week in the red in the 1.1570 price zone on Friday. The US Dollar (USD) surged on the back of risk aversion, triggered by political woes on both shores of the Atlantic. GBP/USD The Pound Sterling (GBP) broke the previous consolidation against the US Dollar (USD) to the downside, as GBP/USD tested levels under 1.3300. It was all about the USD comeback against its major currency rivals that led to

EUR/USD The EUR/USD pair gains ground to near 1.1620 during the Asian trading hours on Wednesday. The US Dollar (USD) softens against the Euro (EUR) after remarks from Federal Reserve (Fed) Chair Jerome Powell bolstered wagers on an interest rate cut this month. The Eurozone Industrial Production data for August is due later on Wednesday.  GBP/USD GBP/USD recovers its losses registered in the previous two successive sessions, trading around 1.3350 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines