market reports

EUR/USD The EUR/USD pair extends the decline to around 1.1680 during the Asian trading hours on Friday. The Euro (EUR) faces some selling pressure against the Greenback after US President Donald Trump announced a new tariffs policy, adding to the uncertainty around his evolving trade policy. The European Central Bank (ECB) policymakers Fabio Panetta and Piero Cipollone are set to speak later on Friday.  GBP/USD GBP/USD churned chart paper in familiar territory through Thursday, cycling through the same block of intraday levels near the

EUR/USD The EUR/USD finished Wednesday’s session with decent gains of over 0.17% after the Federal Open Market Committee (FOMC) released its June monetary policy meeting minutes, which showed that some officials are eyeing at least one interest rate cut. As the Asian session begins, the pair trades at 1.1715, virtually unchanged, at the time of writing. GBP/USD GBP/USD spun a tight circle on Wednesday, trapped near the 1.3700 handle as traders await any kind of meaningful change to macroeconomic factors. The Trump

EUR/USD The EUR/USD pair tumbles to near 1.1705 during the Asian trading hours on Wednesday. The Euro weakens against the Greenback as renewed tariff threats from US President Donald Trump unsettle markets. Traders await the FOMC Minutes, which will be released later on Wednesday.  GBP/USD GBP/USD extends its losing streak, trading around 1.3580 during the Asian hours on Wednesday. The pair depreciates as the US Dollar gains ground amid increased risk aversion. On Tuesday, US President Donald Trump told reporters at a White House cabinet

EUR/USD The EUR/USD pair attracts some buyers here to around 1.1745 during the Asian trading hours on Tuesday. The upbeat Eurozone Retail Sales data for May provides some support to the Euro (EUR) against the US Dollar (USD). Traders will closely monitor the development surrounding the United States (US) and the European Union (EU) trade agreement.  GBP/USD GBP/USD edges higher after two days of losses, trading around 1.3630 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) loses

EUR/USD EUR/USD edges lower to around 1.1765 during the early European session on Monday. The renewed concerns about a global trade war and tariff uncertainty weigh on the shared currency. US Treasury Secretary Bessent said on Sunday that Trump will send letters to some trading partners, warning that tariffs could revert to April 2 levels on August 1. GBP/USD The GBP/USD pair extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Monday. The bullish bias persists as the

EUR/USD The EUR/USD pair trades in a tight range around 1.1760 during the Asian session on Friday. The major currency pair exhibits a lackluster performance amid a holiday in the United States markets on account of Independence Day. GBP/USD GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar depreciates as traders adopt caution while seeking clarity on US President Donald Trump’s plans for tariffs on various countries. USD/JPY The Japanese Yen (JPY)

EUR/USD EUR/USD keeps its range at around 1.1800 in European trading on Thursday. The pair trades with caution as the US Dollar finds its feet amid US-Vietnam trade deal optimism. Traders, however, refrain from placing fresh bets on the pair ahead of the critical US Nonfarm Payrolls data release.  GBP/USD GBP/USD is rebounding above 1.3650 in the European trading hours on Thursday. The Pound Sterling shrugs off looming UK fiscal concerns amid a steady US Dollar as traders reposition ahead of the US June employment data

EUR/USD EUR/USD halts its winning streak that began on June 18, trading around 1.1800 during the Asian hours on Wednesday. The pair inches lower after marking 1.1830, the highest since September 2021 recorded on Tuesday, which could be attributed to the slight gains in the US Dollar. GBP/USD The GBP/USD pair trades on a flat note near 1.3745 during the Asian trading hours on Wednesday. However, the dovish remarks from the US Federal Reserve Chair Jerome Powell and rising fiscal worries might weigh on the Greenback in the

EUR/USD EUR/USD climbs to fresh yearly highs of 1.1780 on Monday as the Greenback continues to remain battered by the prospects of the approval of the fiscal budget in the United States (US) and the expectation that the Trump administration continues to make progress on trade deals with major trading partners. At the time of writing, the pair trades at 1.1776, up 0.51%. GBP/USD GBP/USD continues to knock into multi-year highs above the 1.3700 handle, with the pair keeping afloat on thin intraday

EUR/USD EUR/USD holds the recent uptrend above 1.1700 in European trading on Monday. The pair stays supported by a weaker US Dollar amid increased bets of a September Fed rate cut and concerns over US President Trump’s trade talks. All eyes remain on Germany’s inflation data after a disappointing Retail Sales report.  GBP/USD GBP/USD stays firm above 1.3700 in the European session on Monday. Broad US Dollar weakness on trade and fiscal concerns, alongside dovish Fed expectations, underpin the major ahead of Fedspeak.