finance

EUR/USD EUR/USD is ranging in a narrow band near 1.0850 in early Europe on Tuesday. The renewed downtick in the US Dollar alongside the US Treasury bond yields is supporting the pair while broad risk-aversion is capping its upside. US jobs and ISM PMI eyed.  GBP/USD The GBP/USD pair edges higher during the Asian session on Tuesday and looks to build on the overnight bounce from the 1.2600 mark, representing the lower boundary of a one-week-old trading range. Spot priceshover around the 1.2630-1.2635 region

EUR/USD EUR/USD is dropping toward 1.0850 in the European morning on Monday. The pair is undermined by a fresh safe-haven demand for the US Dollar amid renewed geopolitical risks.  A modest uptick in the US Treasury bond yields also favors the US Dollar. EU’s Sentix and Lagarde speech awaited.  GBP/USD GBP/USD is falling toward 1.2650 in early Europe on Monday. The US Dollar is finding support from the escalating Middle East conflict, weighing on the pair. However, the downside seems limited on increased Fed

EUR/USD The EUR/USD pair hovers around the 1.0900 psychological mark after retracing from the multi-month high of 1.1017 during the early Asian trading hours on Friday. Falling inflation and a stagnant economy in the Eurozone fuel hopes that interest rates could soon be cut.  GBP/USD GBP/USD recovers its recent losses registered in the previous session, trading higher around 1.2650 during the Asian session on Friday. The pair strengthened on weaker US Dollar amid downbeat US Treasury yields.  USD/JPY The US Dollar (USD) is trying to claw back chart paper

EUR/USD EUR/USD is struggling below 1.1000, as the US Dollar clings to recovery gains in Asian trading hours on Thursday. Wednesday’s softer-than-expected German and Spain inflation data weighed on the Euro. Investors await the Eurozone inflation data on Thursday for fresh impetus.  GBP/USD The GBP/USD pair attracts some buyers below the 1.2700 psychological mark during the early Asian session on Thursday. That being said, the softer US Dollar offers some support to the major pair. GBP/USD is trading near 1.2695, up 0.02% on the day. USD/JPY The

EUR/USD The EUR/USD pair gains traction for the fifth consecutive day during the early European session on Wednesday. The decline of the US Dollar (USD) lends some support to the major pair. GBP/USD GBP/USD gains positive traction for the fifth successive day and climbs to a fresh three-month top. Bets that the Fed is done raising rates and may start easing the policy in 2024 undermine the USD. Diminishing odds for an early BoE rate cut remain supportive of the strong follow-through

EUR/USD EUR/USD is battling 1.0950, retreating from near three-month high of 1.0965 early Tuesday. The pair faces some selling pressure, as the US Dollar finds its feet amid a mixed market sentiment and ahead of a slew of Fedpseak. Speeches from ECB officials also remain in focus.  GBP/USD GBP/USD is holding steady above 1.2600, having retested the two-month high of 1.2644 set on Monday. The pair maintains its upward trajectory, as the USD licks its wounds amid sluggish US Treasury bond yields. All eyes

EUR/USD EUR/USD continues the winning streak, hovering below the psychological level at the 1.0950 level during the Asian session on Monday. The Euro receives upward support, which could be attributed to the weaker USD. GBP/USD GBP/USD trades around 1.2500 during the Asian session on Monday, attempting to extend gains for the third consecutive session. The GBP/USD pair received upward support from the hawkish tone of Bank of England’s (BoE) officials. USD/JPY The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on

EUR/USD The EUR/USD pair trades in positive territory above 1.0900 during the early Asian trading hours on Friday. The uptick of the Euro (EUR) is bolstered by the stronger-than-expected Eurozone PMI data. On Friday, market players will shift their attention to the new reading of German Gross Domestic Product for the third quarter (Q3) and US PMI data. At press time, EUR/USD is up 0.03% on the day to trade at 1.0909. GBP/USD GBP/USD hovers around 1.2530 during the Asian session on Friday after

EUR/USD The EUR/USD pair snaps its two-day losing streak and surges above 1.0900 during the Asian session on Thursday. Traders will closely monitor the Eurozone preliminary PMI data and the minutes of the ECB on Thursday.  GBP/USD GBP/USD strives to bounce back after its three-day winning streak paused in the previous session, trading marginally higher around 1.2500 during the Asian session on Thursday. The pair faced challenges in the previous session, influenced by the strengthened US Dollar (USD) following economic data releases from the United States (US). Investors

EUR/USD EUR/USD is holding steady at around 1.0900 in the European morning on Wednesday. The pair is struggling to gain traction, despite hawkish comments from ECB President Lagarde on Tuesday. A souring market mood is lifting the safe-haven demand for the US Dollar while the Fed Minutes failed to impress. US data awaited.  GBP/USD GBP/USD is trading under pressure below 1.2550 in Wednesday’s early European session. The pair’s weakness is backed by renewed US Dollar demand, as markets remain jittery ahead of a fresh batch of