market reports

EUR/USD EUR/USD trades with sizeable losses near 1.0300 in early Europe on Tuesday. The pair loses ground on renewed haven demand for the US Dollar as China retaliates to US tariffs with counter-tariffs, hitting risk sentiment. Markets remain wary of potential US tariffs on the Euro area.  GBP/USD GBP/USD continues to gain ground for the second successive session, trading around 1.2430 during the Asian hours on Tuesday. The pair improved amid improved risk-on sentiment after US President Donald Trump announced late Monday

EUR/USD The EUR/USD pair continues its downward trend, which started on January 27, trading around 1.0230 during the Asian session on Monday. A closer examination of the daily chart indicates that the bearish momentum is likely to persist, with the pair confined within a descending channel pattern. GBP/USD GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday’s Asian trading hours. The pair has weakened by around 1% as the US Dollar Index gains strength following US President Donald Trump’s tariff threats

EUR/USD EUR/USD continues to trade in a narrow channel at around 1.0400 in the European session on Friday. The data from Germany showed that Retail Sales unexpectedly declined in December, making it difficult for the Euro to gain traction. GBP/USD GBP/USD continues its losing streak for the fourth successive session, trading around 1.2420 during the Asian hours on Friday. This downside is attributed to the improved US Dollar amid increased risk aversion following renewed tariff threats from US President Donald Trump. USD/JPY The Japanese Yen (JPY)

EUR/USD EUR/USD is falling back toward 1.0400 in European trading on Thursday. Unexpected French Q4 GDP contraction, ECB rate cut expectations and a renewed US Dollar uptick weigh on the pair. German and EU GDP data eyed ahead of ECB verdict.  GBP/USD GBP/USD holds lower ground below 1.2450 in the early European session on Thursday. Renewed US Dollar buying and a cautious market environment drags the pair lower. Traders refrain from placing big bets on the major ahead of the US Q4 advance

EUR/USD EUR/USD halts its two-day losing streak, trading around 1.0440 during the Asian hours on Wednesday. However, the pair could continue facing challenges amid risk-off sentiment ahead of the Federal Reserve’s interest rate decision scheduled later in the North American session. GBP/USD GBP/USD remains steady after registering losses in the previous session, trading around 1.2440 during the Asian hours on Wednesday. The pair’s downside could be attributed to the increased risk aversion due to tariff threats made by US President Donald Trump. USD/JPY The Japanese Yen (JPY)

EUR/USD The EUR/USD pair extends the overnight modest pullback from the 1.0530-1.0535 region, or its highest level since December 17 and attracts heavy follow-through selling during the Asian session on Tuesday. Spot prices currently trade around the 1.0430 area, down over 0.50% for the day and seem vulnerable to weaken further amid a strong pickup in the US Dollar (USD) demand. GBP/USD The GBP/USD pair halts its three-day winning streak as the British Pound (GBP) faces headwinds due to growing market expectations of a near-certain

EUR/USD EUR/USD edges lower to near 1.0480 during the Asian session on Monday as the US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, recovers from its monthly low at 107.22, reached on Friday. The DXY trades near 107.60 at the time of writing. GBP/USD The GBP/USD pair kicks off the new week on a softer note and erodes a part of Friday’s strong gains to the 1.2500 psychological mark, or a near three-week peak.

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