market reports

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

EUR/USD The EUR/USD pair extends its downside to around 1.0305 during the early European session on Tuesday. The Greenback strengthens after US President Donald Trump moved to substantially raise tariffs on steel and aluminium imports and said he would announce plans to impose reciprocal tariffs on other countries over the coming days. GBP/USD GBP/USD continues its downward trend for the fourth consecutive day, trading near 1.2350 during Asian hours on Tuesday. The pair weakens amid escalating trade tensions after US President Donald Trump imposed a

EUR/USD EUR/USD is off the lows but remains in the red above 1.0300 in the European morning on Monday, pressured by a stronger US Dollar amid Trump’s fresh tariff threats. Traders await the Eurozone Sentix data and Lagarde’s speech for fresh trading incentives.  GBP/USD GBP/USD stays on the back foot near 1.2400 in the early European session on Monday. The pair appears vulnerable amid modest US Dollar strength-induced by US President Trump’s latest tariff threats and mounting fears of a global trade war.  USD/JPY The Japanese Yen

EUR/USD The EUR/USD pair trades on a softer note around 1.0375 during the Asian session on Friday. The uncertainty surrounding US trade policy and the risk-off sentiment weigh on the Euro (EUR). Traders will keep an eye on the German Industrial Production ahead of US Nonfarm Payrolls (NFP) on Friday.  GBP/USD The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, around the 1.2425 area during the Asian session on Friday. This

EUR/USD EUR/USD depreciates after two days of gains, trading around 1.0390 during the Asian session on Thursday. Traders await Eurozone Retail Sales data scheduled to be released later in the day. GBP/USD GBP/USD halts its three-day winning streak, trading around 1.2490 during the Asian hours on Thursday. The Pound Sterling could face downward pressure amid expectations that the Bank of England will resume its policy-easing cycle, likely lowering interest rates by 25 basis points to 4.5% later in the day. USD/JPY The Japanese Yen

EUR/USD EUR/USD clings to recovery gains near 1.0400 in European trading on Wednesday. The US Dollar struggles to lure buyers amid Fed rate cut bets and a better market mood, underpinning the pair ahead of the US economic data releases and central bank talks.  GBP/USD GBP/USD has found fresh demand and retakes the 1.2500 level in the European session on Wednesday. A positive shift in risk sentiment and a sustained US Dollar weakness, on Trump tariff uncertainty and Fed rate cuts, support the

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)