finance

EUR/USD EUR/USD is trading sideways above 1.0700 early Monday, consolidating last week’s strong gains. The upside, however, appears elusive in the pair, as the US Dollar stalls its decline, despite a better mood. Eurozone Sentix awaited.  GBP/USD The GBP/USD pair kicks off the new week on a subdued note and consolidates Friday’s strong move up its highest level since September 20. Spot prices currently trade around the 1.2375 region, nearly unchanged for the day, and remain at the mercy of the USD price dynamics. USD/JPY The USD/JPY

EUR/USD EUR/USD is consolidating weekly gains above the 1.0600 mark in early Europe on Friday. Recent weakness in the US Dollar and the US Treasury bond yields lend some support to the pair. All eyes remain on the US NFP data for a fresh directional impetus.  GBP/USD GBP/USD closed on Thursday around 1.2200, the highest in a week, after the Bank of England kept interest rates unchanged and supported by a weaker US Dollar. The DXY lost ground amid risk appetite.  USD/JPY The USD/JPY pair struggles to

EUR/USD EUR/USD is trading at around 1.0600 in the European morning on Thursday. A sustained  US Dollar weakness, following the extended Fed pause decision and a non-committal Fed Chair Powell, lifts risk sentiment and weighs on the US Dollar alongside the US Treasury bond yields.  GBP/USD GBP/USD has entered a phase of consolidation after running into the 1.2200 barrier. Pound Sterling bulls catch a breather, gearing up for the Bank of England’s (BoE) policy announcements on ‘Super Thursday’.  USD/JPY The USD/JPY pair extends the overnight

EUR/USD EUR/USD is on the defensive below the 1.0600 level in early Europe on Wednesday. The pair is undermined by a cautious risk tone while the US Dollar holds firm ahead of the Fed interest rates decision and key US jobs data.  GBP/USD GBP/USD is holding lower ground below 1.2150 in the European morning on Wednesday. The US Dollar clings to recovery gains ahead of the Federal Reserve decision, supported by higher Treasury yields. US jobs and ISM PMI eyed as well.  USD/JPY USD/JPY trades

EUR/USD EUR/USD is battling 1.0600, retreating in the European morning on Tuesday. The US Dollar recovery amid souring risk sentiment is weighing on the pair. Traders stay on a cautious footing ahead of key Eurozone GDP and inflation data.  GBP/USD GBP/USD is extending the drop below 1.2150 early Europe on Tuesday. The pair is undermined by a broad US Dollar recovery, as renewed China growth worries dent risk sentiment and support the Greenback. US sentiment data awaited.  USD/JPY The USD/JPY pair regains positive traction

EUR/USD EUR/USD is trading sideways near 1.0550 in the European morning on Monday. Traders refrain from placing fresh bets on the Euro ahead of the key German GDP and inflation data. Geopolitical tensions also remain a cause for concern.  GBP/USD GBP/USD is trading above 1.2100, extending its struggles to gain any meaningful traction in early Europe on Monday. The pair is on the defensive, as traders stay cautious amid the ongoing Middle East tensions and ahead of key central banks’ meetings.  USD/JPY The USD/JPY pair hovers around

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s bounce from the 1.0520 area, or over a one-week low and edges lower during the Asian session on Friday. Spot prices trade with a mild negative bias for the fourth straight day, albeit manage to hold just above mid-1.0500s. GBP/USD The GBP/USD pair struggles to capitalize on the previous day’s goodish rebound from the 1.2070 area, or over a three-week low and seesaws between tepid gains/minor losses during the Asian session on

EUR/USD EUR/USD is trading near 1.0550, on the defensive at weekly lows early Thursday, as traders await the European Central Bank (ECB)  interest rate decision. The expected ECB pause and a downbeat mood-led US Dollar demand undermine the pair. US Q3 GDP eyed as well.  GBP/USD GBP/USD is back under 1.2100 in early Europe on Thursday, extending this week’s decline from the vicinity of 1.2300. The pair is pressured by risk-aversion, in the face of Mideast tensions and surging US bond yields, which boost the US

EUR/USD EUR/USD is challenging the 1.0600 mark, extending the rebound into early Europe on Wednesday. The rebound in the pair is underpinned by a pause in the broad US Dollar overnight recovery. Germany’s IFO survey is next in focus for Euro traders.  GBP/USD The GBP/USD pair attracts some dip-buying during the Asian session on Wednesday and for now, seems to have stalled the previous day’s retracement slide from the vicinity of the 1.2300 mark, or a near two-week high. Spot prices manage to