market reports

EUR/USD EUR/USD continues its upward momentum for the second consecutive session, trading around 1.0490 during Asian hours on Tuesday. The Euro (EUR) received support from rising hopes for a potential Ukraine peace deal. European leaders, alongside Ukrainian President Volodymyr Zelenskyy and UK Prime Minister Keir Starmer, have agreed to draft a structured peace plan to be presented to the United States (US). GBP/USD The GBP/USD pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday’s Asian hours. USD/JPY USD/JPY pares

EUR/USD EUR/USD continues its decline for the third consecutive day, trading near 1.0390 during the Asian session on Friday. The pair weakens as the risk-sensitive Euro faces selling pressure amid heightened risk aversion following renewed US-EU trade tensions. US President Donald Trump hinted at imposing “reciprocal” tariffs on the European Union (EU) as early as April. GBP/USD GBP/USD turned south and tumbled on Thursday, falling nearly six-tenths of a percent and sending bids skidding back into the 1.2600 handle. Risk sentiment is

EUR/USD The EUR/USD pair loses ground to around 1.0465 during the Asian trading hours on Thursday. The Euro (EUR) weakens after US President Donald Trump threatened to slap 25% tariffs on the European Union. Investors await the release of the estimate of US Gross Domestic Product (GDP) for the fourth quarter (Q4) and the weekly Initial Jobless Claims for fresh impetus, which are due later on Thursday.  GBP/USD GBP/USD depreciates after two consecutive sessions of gains, trading around 1.2660 during Asian hours on Thursday. The

EUR/USD EUR/USD retraces its recent gains registered in the previous session, trading around 1.0500 during the Asian hours on Wednesday. The currency pair loses ground as the US Dollar appreciates amid improving US Treasury yields. GBP/USD The GBP/USD pair gives up part of its recent gains from the prior session, hovering around 1.2650 during Wednesday’s Asian session. Despite this pullback, technical analysis of the daily chart indicates a sustained bullish outlook as the pair remains within an ascending channel pattern. USD/JPY The USD/JPY pair rebounds to near 149.30 during the Asian

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.