market reports

EUR/USD EUR/USD is easing toward 1.0900, stalling the previous recovery in the early European morning on Thursday. The US Dollar finds its feet, as markets turn cautious ahead of key inflation data releases from the Eurozone and the US.  GBP/USD The GBP/USD pair consolidates its weekly gains registered over the past three days and seesaws between tepid gains/minor losses through the Asian session on Thursday. Spot prices trade around the 1.2720 region, nearly unchanged for the day and just a few pips

EUR/USD EUR/USD reverses from the weekly top while posting the first daily loss in three around 1.0860. The Euro pair marks the trader’s positioning for the top-tier German and the US data. GBP/USD GBP/USD trades lower around 1.2630 on the back of a recovery in the US Dollar (USD), which could be attributed to the improvement in US Treasury yields snapping a two-day losing streak. Investors await US economic data, seeking further clues on the Fed’s policy decision. USD/JPY USD/JPY licks its wounds after posting

EUR/USD EUR/USD is trading firmer above 1.0800, moving away from over a two-month low. The pair is supported by a modest USD downtick. Retreating US bond yields and a positive risk tone turn out to be key factors weighing on the Greenback ahead of the US jobs and sentiment data.  GBP/USD GBP/USD is holding on to the renewed upside, heading toward 1.2850 in the European morning on Tuesday. The extended retreat in the US Dollar alongside the US Treasury bond yields underpin the

EUR/USD EUR/USD is trading above 1.0800, rebounding from 13-week lows in early Europe on Monday. The US Dollar pullback lifts the pair amid the return of risk flows while traders digest Friday’s hawkish comments from Fed Chair Powell and ECB President Lagarde.  GBP/USD GBP/USD is rising above 1.2600, gaining some positive traction on the first day of a new week The pair benefits t from a modest US Dollar retreat, as China’s policy support measures boost risk appetite. Light trading is likely to extend due to the

EUR/USD EUR/USD is trading under pressure below 1.0800 on Friday’s European morning. The US Dollar attracts safe-haven flows, as investors turn cautious ahead of the speeches from Fed Chair Powell and ECB President Lagarde at the Jackson Hole Symposium. German IFO coming up next.  GBP/USD GBP/USD is losing ground toward 1.2550 in the European morning. The pair respects the broad US Dollar strength ahead of the central bankers’ showdown at the annual Jackson Hole Symposium. Reduced bets for a 6% BoE peak rate also add to

EUR/USD EUR/USD extends gains for the second consecutive day, trading around 1.0870. The pair has shown resilience despite the downbeat PMI data from the Eurozone and Germany reported on Wednesday, prompting a cautious market sentiment as investors look for additional cues regarding the inflation outlook. GBP/USD GBP/USD extends its losses and trades lower around 1.2710. The pair faces downward pressure due to downbeat preliminary PMI data released from the United Kingdom (UK) on Wednesday, which came in below expectations. USD/JPY The USD/JPY pair remains on the defensive during the early Asian trading hours

EUR/USD EUR/USD is recovering ground above 1.0850 early Europe this Wednesday. Cautious optimism and a retreat in the US Dollar alongside the US Treasury bond yields underpin EUR/USD’s renewed upside. All eyes remain on the EU and US PMIs.  GBP/USD GBP/USD is trading on the front foot near 1.2750 in the European morning this Wednesday. The pair is drawing support from the US Dollar pullback across the board. However, the further upside appears elusive amid cautious trading and ahead of UK PMIs.  USD/JPY USD/JPY holds lower

EUR/USD EUR/USD is trading above 1.0900 while within a narrow range heading into the European morning. The pair shrugs off a cautious market mood and firmer US Treasury bond yields amid a broadly subdued US Dollar. The focus shifts to US housing data and Fedspeak.  GBP/USD GBP/USD is advancing toward 1.2800, snapping a four-week downtrend early Tuesday. A broad-based US Dollar softness, a pause in the US Treasury yields rally and a cautiously optimistic market mood helps the pair recover further ground.  USD/JPY USD/JPY consolidates

EUR/USD EUR/USD is posting small gains in Monday’s European morning, having stalled its recovery under 1.0900. The upside seems capped in the wake of renewed safe-haven demand for the US Dollar. Traders now look forward to the Buba monthly report for a fresh impetus. GBP/USD GBP/USD attracts some buyers on the first day of a new week, sticking to its modest gains, below mid-1.2700s. The pair remains confined in familiar trading, as the mixed fundamental backdrop warrants caution ahead of the Fed’s Jackson Hole

EUR/USD EUR/USD struggles to gain momentum and holds near the 1.1000 barrier on Tuesday. The pair remains under pressure as investors stay cautious ahead of Thursday’s US inflation data release, underpinning the safe-haven demand for the US Dollar.  GBP/USD GBP/USD is holding lower ground near 1.2750 in the European morning this Tuesday. The pair justifies downbeat UK consumer spending data while the Greenback cheers a risk-off mood heading toward the Chinese and US inflation data releases later this week.  USD/JPY USD/JPY remains on the front