finance

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

EUR/USD EUR/USD remains in the negative territory after trimming its recent losses, trading around 1.0380 during the Asian hours on Tuesday. The Euro remains under pressure as dovish expectations for the European Central Bank continue to dominate. GBP/USD GBP/USD depreciates following news that President Trump intends to direct federal agencies to review tariff policies. Traders speculate that Trump’s policies could lead to inflationary pressures, possibly restricting the Fed to just one more rate cut. USD/JPY The Japanese Yen (JPY) remains on the front foot against

EUR/USD EUR/USD recovers some of its losses from the previous session, trading near 1.0280 during Asian hours. However, the pair’s upside may remain capped as the US Dollar (USD) could strengthen due to market caution ahead of President-elect Donald Trump’s inauguration later on the day. The US market will remain closed on Monday for the Martin Luther King Jr. Day holiday. GBP/USD The GBP/USD pair kicks off the new week on a slightly positive note and reverses a part of Friday’s decline, though

EUR/USD The EUR/USD pair weakens to near 1.0290 during the early European session on Friday. The expectation of further rate cuts by the European Central Bank drags the Euro lower against the Greenback. Traders await the Eurozone Current Account and Harmonized Index of Consumer Prices for fresh impetuses. GBP/USD GBP/USD churned chart paper near familiar levels on Thursday, chalking in a flat day after exploring some intraday downside and snapping a two-day win streak as price action gets hung up on the 1.2200 handle. USD/JPY The Japanese Yen

EUR/USD EUR/USD remains under modest pressure below 1.0300 in early Europe on Thursday. Dovish ECB-speak continue to reinforce expectations of further policy easing, driven by Eurozone’s weak economic outlook, weighing negatively on the pair ahead of ECB Minutes and US data.  GBP/USD GBP/USD stays on the back foot below 1.2250 in the European morning on Thursday. The pair remains undermined by a modest US Dollar uptick, increased bets of BoE interest rate cuts and concerns over the UK economic prospects. US monthly GDP and industrial data

EUR/USD EUR/USD remains steady following recent gains registered in the previous session, trading around 1.0300 during the Asian hours on Wednesday. The pair received support as the market sentiment is improved due to recent reports about US President-elect Donald Trump’s economic team considering a gradual increase in import tariffs boosted investor confidence, per Bloomberg. GBP/USD GBP/USD struggles to capitalize on this week’s modest bounce from a multi-year low. Stagflation fears and UK fiscal concerns undermine the GBP and weigh on the major. Subdued

EUR/USD The EUR/USD pair halts its five-day losing streak, trading around 1.0250 during Tuesday’s Asian session. A closer look at the daily chart suggests a continued bearish trend, with the pair moving lower within a descending channel pattern. GBP/USD GBP/USD breaks its five-day losing streak, rebounding from its 15-month low of 1.2099, recorded on Monday. The GBP/USD pair remains above 1.2200 during the Asian trading hours on Tuesday as the Pound Sterling (GBP) gains ground amid improved investor confidence. USD/JPY USD/JPY is taking a breather

EUR/USD The EUR/USD pair trades in negative territory for the fifth consecutive day around 1.0215 during the early Asian session on Monday. The US Dollar (USD) gathered strength on the upbeat US employment data for December, which is likely to support the US Federal Reserve’s (Fed) stance to keep interest rates steady in January.  GBP/USD GBP/USD has come under intense selling pressure and approaches 1.2100 in the late Asian session. The pair bears the brunt of unabated US Dollar demand as risk-off flows

EUR/USD The EUR/USD pair trades with a mild negative bias around 1.0300 during the Asian trading hours on Friday. The Federal Reserve’s (Fed) move to delay the interest rate cut continues to lift the Greenback and exert some selling pressure on the major pair. Traders brace for the US December Nonfarm Payrolls (NFP) report, which is due later on Friday.  GBP/USD GBP/USD remains subdued for the fourth successive day, trading around 1.2300 during the Asian session on Friday. The GBP/USD pair dropped to

EUR/USD The EUR/USD pair trades in negative territory for the third consecutive day around 1.0310 during the early European session on Thursday. The downbeat German November Factory Orders and the expectation of aggressive rate cuts by the European Central Bank this year weigh on the Euro against the Greenback.  GBP/USD The GBP/USD pair remains under pressure for the third consecutive session, hovering near 1.2360 during Thursday’s Asian trading hours. Technical analysis of the daily chart highlights a prevailing bearish bias, with the pair falling back