finance

EUR/USD EUR/USD is trading near 1.0900, having eased from three-month highs in the European session on Tuesday. The US Dollar is attempting a recovery from weak ISM PMI-inflicted wounds, aided by a cautious mood. The focus now shifts to the US jobs data.  GBP/USD GBP/USD is battling 1.2800, struggling to capitalize on the move to a nearly three-month high early Tuesday. The pair feels the pull of gravity due to a negative shift in risk sentiment, which revives the US Dollar’s safe-haven demand ahead

EUR/USD EUR/USD is paring back gains to trade near 1.0850 in the European morning on Monday. Softer US monthly Core PCE inflation data and hotter-than-expected Eurozone HICP inflation data help the pair to stay afloat amid a better market mood. US ISM PMI holds the key.  GBP/USD The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, around mid-1.2700s during the Asian session. The downside, meanwhile, remains cushioned in the wake of a modest US

EUR/USD The EUR/USD pair weakens to 1.0820 during the early European trading hours on Friday. Investors prefer to wait on the sidelines ahead of the German Retail Sales and the US Core Personal Consumption Expenditures Price Index data, which are due later on Friday. GBP/USD GBP/USD edges higher near 1.2730 during the early Friday. The USD Index faces some selling pressure, and this provides some support to the major pair. Investors will closely monitor the US Core Personal Consumption Expenditures Price Index for April. USD/JPY The Japanese Yen (JPY) gained ground after the

EUR/USD EUR/USD trades on the back foot near 1.0800 in early Europe on Thursday. The pair is nursing losses, induced by sustained US Dollar strength and evaporating risk appetite. Traders look to top-tier US economic data and Fedspeak for fresh trading incentives.  GBP/USD GBP/USD is on the defensive below 1.2700 in the European morning on Thursday. A broadly stronger US Dollar amid waning Fed rate cut expectations and risk-aversion, keeps the pair undermined ahead of US data and Fedspeak.  USD/JPY The Japanese Yen (JPY) snapped recent

EUR/USD EUR/USD stays depressed near 1.0850 in the European morning on Wednesday. The pair faces challenges as the US Dollar gains further ground amidst emerging risk aversion, fuelled by reduced Fed rate cut expectations and rife Middle East tensions. German inflation data is next in focus.  GBP/USD GBP/USD trades with mild losses around 1.2760 during the Asian session on Wednesday. The modest recovery of the US Dollar and US yields amid the diminishing expectations of a rate cut by the US Federal Reserve

EUR/USD EUR/USD found little momentum on Monday, cycling near 1.0860 after US markets were dark for the holiday long weekend. Tuesday will kick off the Fiber’s trading week in earnest after German sentiment surveys hobbled the Euro on Monday. GBP/USD GBP/USD consolidates its upside around 1.2770 after reaching two-month highs during the early Tuesday. The USD Index remains under some selling pressure at around 104.60, which provides some support to the major pair. USD/JPY The Japanese Yen (JPY) continues to strengthen for the second consecutive day

EUR/USD EUR/USD is trading sideways at around 1.0850 in European trading on Monday. A lack of fresh fundamental catalysts and holiday-thinned market conditions leave the pair oscillating in a tight range.  GBP/USD GBP/USD is trading modestly flat, keeping its range near 1.2750 in the European morning on Monday. The pair is subject to thin liquidity and minimal volatility, courtesy of US and UK market holidays.  USD/JPY The Japanese Yen (JPY) halted its three-day losing streak, possibly influenced by comments from Bank of Japan (BoJ)

EUR/USD EUR/USD is battling 1.0800 in European trading on Friday. The pair stays undermined by the recent strength in the US Dollar on strong US PMI data and hawkish Fed expectations. Mid-tier US data and Fedspeak are next on tap.  GBP/USD GBP/USD trades listlessly below 1.2700 early Friday, as traders await the top-tier UK Retail Sales data for fresh trading impetus. The pair is on a corrective decline from two-month highs of 1.2761 on resurgent US Dollar demand.  USD/JPY The Japanese Yen (JPY) continued its

EUR/USD EUR/USD is on a modest recovery mode above 1.0800 in early Europe on Thursday. The pair finds support from the struggling US Dollar and US Treasury bond yields after the hawkish Fed-inspired upswing. The focus now stays on the EU and US PMI data.  GBP/USD The GBP/USD pair extends the rally near 1.2720 during the early Thursday. The uptick of the major pair is bolstered by the hotter-than-expected UK CPI inflation data, which slashed June rate cut bets from the Bank

EUR/USD EUR/USD remains stable ahead of the release of the Minutes from the Federal Open Market Committee meeting held on May 1, scheduled for Wednesday. The pair hovers around 1.0850 during the Asian trading session. GBP/USD GBP/USD remains confined in a narrow range just above 1.2700 early Wednesday. Markets await fresh impetus from the UK Consumer Price Index data, which could have a significant impact on the BoE’s rate cut outlook and the Pound Sterling.  USD/JPY The Japanese Yen (JPY) weakened following the release of Japan’s Merchandise Trade Balance