finance

EUR/USD EUR/USD is grinding lower toward 1.0800 in early European morning on Wednesday. The extended recovery in the US Dollar amid a deterioration in risk sentiment is weighing on the pair, as the focus shifts to a data-packed day ahead.  GBP/USD GBP/USD is testing lows near 1.2650 in early Europe on Wednesday. The US Dollar is building its recovery gains amid a cautious mood, ignoring negative US Treasury bond yields. Traders refrain from risk-sensitive assets such as the Pound Sterling ahead of

EUR/USD EUR/USD is trading better bid near 1.0850 in the European morning on Tuesday. The pair stays supported amid a broadly subdued US Dollar and hawkish comments from ECB President Lagarde. The focus now shifts to the high-impact US economic data.  GBP/USD GBP/USD is keeping its range trade intact below 1.2700 early Tuesday. A softer US Dollar and a cautious market mood are contributing to the bull-bear tug-of-war, as traders await the speeches from the BoE and the Fed policymakers alongside the

EUR/USD EUR/USD trades in a tight range above 1.0800 early Monday. The US Dollar attracts fresh haven demand amid geopolitical tensions-led risk-averse markets. China’s spate with Taiwan and the US sap investors’ confidence. Lagarde’s speech and US data are next in focus.  GBP/USD GBP/USD has managed to defend the 1.2650 level in early European morning on Monday, even as the US Dollar recovers ground on the back of a risk-off market mood. Traders now look forward to BoE Chief Economist Huw Pill’s

EUR/USD EUR/USD consolidates following a volatile session prompted by the release of European and US Purchasing Managers Index (PMI) data on Thursday. The Euro (EUR) stabilized as investors processed the mixed figures concerning private business activity in the European Union (EU). The pair gets buoyed around 1.0820 during the Asian trading hours on Friday. GBP/USD The GBP/USD pair posts modest gains above the mid-1.2600s during the early Asian trading hours on Friday. The decline of the US Dollar (USD) provides some support

EUR/USD EUR/USD is extending gains above 1.0800 in the European morning on Thursday. A broadly subdued US Dollar and US Treasury bond yields, amid a risk-on mood, are helping the pair ahead of the top-tier preliminary PMI data from the Eurozone and the US.  GBP/USD GBP/USD posts mild gains to trade near mid-1.2600s in early Europe on Thursday. The pair is finding support from a weaker US Dollar and an improved risk appetite. All eyes now remain on the UK and the US

EUR/USD EUR/USD is holding gains above 1.0800 early Wednesday, having hit two-week highs on Tuesday. The US Dollar remains broadly weak, despite a mixed market mood, as investors weigh Fed rate cut bets and US government shutdown risks ahead of the Fed Minutes.  GBP/USD GBP/USD is holding the renewed upside above 1.2600 in early Europe on Wednesday. The pair continues to draw support from hawkish comments from BoE Governor Bailey and an extended US Dollar weakness. The focus now shifts to the

EUR/USD EUR/USD is holding lower ground, heading toward 1.0750 in early Europe on Tuesday. Risk aversion remains the underlying theme on renewed China concerns, underpinning the sentiment around the US Dollar amid positive US Treasury bond yields.  GBP/USD GBP/USD remains in the negative territory below 1.2600 in the European morning on Tuesday. The US Dollar finds haven demand amid a dour mood while the Pound Sterling stays anxious ahead of BoE Governor Bailey’s testimony on the Monetary Policy Report before the UK Parliament.  USD/JPY The

EUR/USD EUR/USD trades on the front foot below 1.0800 in the European morning on Monday. The US Dollar posts small gains amid holiday-thinned trading and repositioning ahead of Wednesday’s Fed Minutes. German Bundesbank’s monthly report is next in focus.  GBP/USD GBP/USD is consolidating gains above 1.2600 in early Europe on Monday. The US Dollar experiences downward pressure, influenced by market sentiment leaning towards the delayed Fed rate cuts. A US holiday-thinned trading is likely to extend.  USD/JPY USD/JPY edges lower to near 150.00 during the Asian

EUR/USD  EUR/USD is trading on a softer note near 1.0750 in European trading on Friday. The renewed US Dollar demand and dovish comments from the ECB policymakers weigh on the pair. The focus now shifts to ECB-speak and US data.  GBP/USD GBP/USD continues to fluctuate at around 1.2600 in the early European session on Friday. The data from the UK showed that Retail Sales rose 3.4% on a monthly basis but failed to provide a boost to Pound Sterling. Focus shifts to US January PPI

EUR/USD EUR/USD is holding lower ground while eyeing the 1.0700 mark in European trading on Thursday. The US Dollar struggles amid mixed Fedspeak, as traders await the US Retail Sales report for fresh policy hints. Ahead of that, ECB Lagarde’s speech is eagerly awaited.  GBP/USD GBP/USD remains on the defensive above 1.2550 in the European morning on Thursday. The pair upside is likely to be limited, backed by the softer UK inflation data. Traders will closely monitor the UK GDP for Q4 and US Retail Sales