market reports

EUR/USD The EUR/USD pair gathers strength to near 1.0470 during the Asian trading hours on Tuesday. The Euro (EUR) gains ground after the conservative alliance made up by the Christian Democratic Union (CDU) and its allies the Christian Social Union (CSU) is set to lead Germany again following the federal election on Sunday, bringing an end to a period of political instability that has dogged Berlin for months. GBP/USD The GBP/USD pair gains ground after registering losses in the previous two successive

EUR/USD EUR/USD stays strongly bid above 1.0500 in the European morning on Monday. The pair cheers the German Conservatives Party win in the federal election, which revives hopes for better economic outlook. The further upside could remain elusive due to a cautious market mood. Germany’s IFO data eyed.  GBP/USD GBP/USD kicks off the new week on a positive note but remains below 1.2700 in the early European trading on Monday. Broad US Dollar weakness helps the pair regain ground but the upside appears

EUR/USD The EUR/USD pair trades flat near 1.0500 during the late American session on Thursday. However, Trump’s tariff threats might weigh on the Euro (EUR) against the Greenback. Later on Friday, the advanced HCOB Manufacturing and Services PMIs in Germany and the euro bloc will be released.  GBP/USD GBP/USD edged lower after hitting a two-month high of 1.2674 on Friday, trading around 1.2670 at the time of writing during the Asian session. However, the pair gained ground as the US Dollar (USD)

EUR/USD The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday. The weakening of the US Dollar provides some support to the major pair. However, tariff concerns from US President Donald Trump and geopolitical tension might cap its upside. GBP/USD GBP/USD holds ground after registering losses in the previous two successive days, hovering around 1.2590 during the Asian session on Thursday. However, the pair faces pressure as concerns over tariffs from US President Donald Trump lent support to

EUR/USD The EUR/USD pair posts modest gains to around 1.0450 during the Asian trading hours on Wednesday, bolstered by the weakening of the US Dollar. However, tariff concerns and tense Russia-Ukraine negotiations might boost the Greenback and cap the upside for the major pair.  GBP/USD GBP/USD remains firm after losses in the previous session, trading around 1.2610 during the Asian session on Wednesday. Traders await the release of January’s Consumer Price Index data from the United Kingdom. USD/JPY The Japanese Yen (JPY) builds on steady intraday

EUR/USD EUR/USD extends its losses for the second successive session, trading near 1.0460 during the Asian hours on Tuesday. This downside could be attributed to the improved US Dollar (USD) amid rising Treasury yields. GBP/USD GBP/USD breaks its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session. Traders are awaiting UK employment data set to be released later in the day. The Claimant Count Change for January is expected to rise to 10K new unemployment benefit claimants, up from the previous 0.7K.

EUR/USD EUR/USD struggles to capitalize on recent upside and oscillates in a narrow range below 1.0500 early Monday. However, the pair’s downside remains cushioned by persistent US Dollar weakness and an upbeat mood. Focus shifts to central bank talks.  GBP/USD GBP/USD keeps its range near 1.2600 in the early European session on Monday. The pair stays support amid a subdued US Dollar price action following Friday’s disappoining US Retail Sales data. Thin trading is likely to extend as US markets are closed in observance of Presidents’

EUR/USD EUR/USD stays defensive near 1.0450 in the European morning on Friday. The US Dollar pauses its decline, despite an upbeat mood. Traders digest the latest Trump’s tariffs and Russia-Ukraine peace deal updates, bracing for a busy EU and US economic calendar.  GBP/USD GBP/USD remains on the front foot above 1.2550 in the early European session on Friday. The pair benefits as the US Dollar consolidates the downside and risk sentiment remains in a sweeter spot due to the delay in Trump’s reciprocal tariffs. The focus shifts

EUR/USD The EUR/USD pair continues its upward momentum for the third straight session, hovering around 1.0430 during Asian trading hours on Thursday. Investors await Germany’s Final Harmonized Index of Consumer Prices (HICP) data, set for release later in the day. The headline German HICP inflation is expected to remain steady at 2.8% year-over-year in January. GBP/USD GBP/USD extends its winning streak for the third consecutive day, trading around 1.2460 during Thursday’s Asian session. Traders await the UK’s preliminary Gross Domestic Product (GDP) data

EUR/USD EUR/USD remains steady above 1.0350 in the European trading hours on Wednesday. The pair trades with caution as US President Trump’s plans of reciprocal tariffs through executive action, bypassing Congress, keep the US Dollar underpinned ahead of the US inflation report.  GBP/USD GBP/USD clings to recovery gains near 1.2450 in the European session on Wednesday. The pair capitalizes on a slight positive shift in risk sentiment but broad US Dollar strength and market’s nervounsess ahead of US CPI data could cap gains while awaiting Trump’s