finance

EUR/USD EUR/USD is trading close to two-month highs near 1.1450, as the US dollar bears take a breather amid a worsening mood. ECB policymakers stay hopeful despite covid woes, citing mixed concerns over inflation. A slew of ECB, Fed members are due to speak amid the US PPI release. GBP/USD GBP/USD is defending 1.3700, having hit three-month highs at 1.3720. The US dollar licks its wound amid a risk-off mood. Britain prints record covid infections, UK PM Johnson rejects resignation demands, as political

EUR/USD EUR/USD is dribbling close to weekly top below 1.1400, as the US dollar remains on the defensive alongside the yields, in the aftermath of Fed Chair Powell’s testimony. Coronavirus woes, World Bank forecasts test immediate upside ahead of Eurozone industrial figures and the critical US inflation. GBP/USD GBP/USD is trading close to two-month highs near 1.3650, helped by the recent pullback in the US dollar and yields. The risk sentiment remains lifted ahead of US inflation data. Brexit risks continue to loom,

EUR/USD EUR/USD rose toward 1.1350 in the early European trading on Tuesday but lost its traction going into the American session. The US Dollar Index is clinging to modest daily gains as investors gear up for FOMC Chairman Powell’s renomination hearing. GBP/USD GBP/USD turned south after rising to a fresh two-month high above 1.3600 and erased a large portion of its daily gains. Hawkish comments from Fed’s Bostic seems to be helping the dollar find demand ahead of FOMC Chairman Powell’s testimony. USD/JPY USD/JPY gained

EUR/USD EUR/USD faces modest bearish pressure and trades below 1.1350 early Monday as rising US Treasury bond yields help the dollar find demand. The data from the euro area showed that investor sentiment improved in January but this report failed to trigger a noticeable market reaction. GBP/USD GBP/USD is on the defensive below 1.3600, struggling for clear direction amid a cautious market mood, covid and Brexit concerns. The US dollar stages a decent comeback after Friday’s sell-off, as yields stabilize at higher levels. USD/JPY USD/JPY

EUR/USD EUR/USD extends the erratic performance so far this week although always around the key 1.1300 neighbourhood and ahead of the critical release of US Nonfarm Payrolls for the month of December. GBP/USD GBP/USD is trading close to 1.3550, preserving the Asian bounce amid a recovery in the risk sentiment. The US dollar tracks the yields lower ahead of the critical US NFP report. Brexit and coronavirus updates from the UK are eyed as well. USD/JPY A positive risk tone undermined the safe-haven JPY and

EUR/USD EUR/USD is treading water around 1.1300, consolidating the heaviest daily fall since December 17. The currency pair tracks steady Treasury yields while waiting for second-tier data from Germany and the key US ISM Manufacturing PMI. GBP/USD GBP/USD is under pressure below 1.3500, consolidating Monday’s sell-off. The UK ports fear unfair Brexit advantage, Stormont collapse looms. PM Johnson fears considerable pressure on medical system as cases jump. UK/US Manufacturing PMIs in focus. USD/JPY USD/JPY is sitting at the highest levels since January 2017, fast-approaching the

EUR/USD EUR/USD is trading below 1.1350, retreating from seven-week highs. Traders struggle for a clear direction as equity futures rise, yields hold steady. Omicron woes escalate and underpin the US dollar’s recovery ahead of a busy US events week. GBP/USD GBP/USD bears step on the gas at the start of the week into test near to 1.35 the figure. US events, Brexit, Covid and central banks outlooks to be the driving forces this week. USD/JPY USD/JPY climbs to over one-month high, around 115.35 amid stronger

EUR/USD EUR/USD pares daily losses around 1.1320, despite fading bounce off intraday low, during the early Friday morning in Europe. In doing so, the major currency pair remains inactive amid a lack of major data/events and mixed catalysts as traders brace for 2022. GBP/USD Alike other major currency pairs, GBP/USD also treads water around 1.3500 heading into Friday’s European session. In doing so, the cable pair seesaws near the highest levels in seven weeks amid a lack of major data/events. USD/JPY USD/JPY bounces off intraday

EUR/USD EUR/USD touched its highest level in a month at 1.1370 on Wednesday but struggled to preserve its bullish momentum. The pair was last seen edging lower toward 1.1300. GBP/USD GBP/USD reverses the early Asian gains while easing to 1.3485 ahead of Thursday’s London open. USD/JPY The USD/JPY pair continued scaling higher heading into the European session and shot to a fresh monthly high, around the 115.15 region. AUD/USD The AUD/USD pair surrendered its modest intraday gains and was last seen trading just a few pips above

EUR/USD EUR/USD remains indecisive around 1.1340 after a three-day uptrend to refresh the weekly top. In doing so, the major currency pair portrays the market’s mood during early Thursday morning in Europe. GBP/USD GBP/USD consolidates recent gains around the weekly top, down 0.10% intraday around 1.3350 during early Thursday. USD/JPY Early Thursday morning in Europe, Bank of Japan (BOJ) Governor Haruhiko Kuroda crossed wires via Reuters. The policymakers initially defended the Japanese central bank’s currency monetary policy while citing inflation concerns. BOJ’s Kuroda then stated,