finance

EUR/USD Ahead of Monday’s European session, the EUR/USD stays around the intraday low of 1.1288, down 0.17%. Europegroup meetings will be happening all day, which may affect the euro currency.  Traders should also keep an eye on the following monthly report releases, Germany’s Factory Orders and Italy’s Retails Sales MoM. GBP/USD During the Asian session, the GBP/USD pair was trading around the 1.3230-1.3235 region. Today, the Bank of England’s Deputy Governor, Ben Broadbent is expected to speak at 11:30 UTC, about the outlook of growth, inflation

EUR/USD Ahead of the European day on Friday, the EUR/USD is trading lower around 1.1300. All eyes are on the US Non- Farm Payrolls report that is expected to be released later today. The Bureau of Labour Statistics will also release the Average Hourly Earnings and the Change Unemployment Rate reports, while traders of the US Dollar should also take into account the release of ISM Services PMI report. Concerning the Euro currency, ECB president Christine Lagarde speech with the topic ‘‘Financing the

EUR/USD Ahead of the European day on Thursday, the EUR/USD is hovering around 1.1320. Regarding the euro, traders should consider the release of Unemployment Change in Spain and the data from Eurostat’s which will be released later today, the Producer Price Index and the monthly Unemployment Rate.  As for the US Dollar, traders should keep an eye on the US Treasury Secretary Janet Yellen speech at 14:00 UTC and the FOMC member Thomas Barkin speech at 16:30 UTC. GBP/USD The GBP/USD pair fell a few pips

EUR/USD At the beginning of Wednesday’s European session, the EUR/USD defends 1.1300, taking rounds to 1.1325-1.1230. The major currency pair is looking for clarity after Federal Reserve Chair Powell recalled bond bears, but looming concerns over a South African covid variant and vaccine news test decline ahead of key US data and events. Regarding the US Dollar, traders should consider the release of ADP Non-Farm Employment Change and ISM Manufacturing PMI, while Federal Reserve Chair Jerome Powell will testify for the second

EUR/USD As the begging of the European session today, the EUR/USD has gained 0.15 % by early morning on the day, reversing the previous day’s losses, as cautious optimism in the markets reduces demand for the US dollar as a safe haven. The pair is trading between 1.12812-1.13669 until the time of writing, 12:00pm UTC+2. Aside from the Eurozone CPI, the US CB Consumer Confidence for November and the covid updates, as well as Fed Chair Jerome Powell’s testimony, will be

EUR/USD During early European morning on Monday, the EUR/USD drops to an intraday low of 1.1274, down 0.43 %, reversing Friday’s virus-driven rebound. Todays all eyes are on Federal Reserve Bank’s Chairman Jerome Powell speech and the Pending Home Sales report release, which might affect the USD currency. GBP/USD The GBP/USD pair seesawed between tepid gains and minor losses on Monday. Heading into the European session, the pair was hovering just below the mid-1.3300s. USD/JPY Following the heaviest daily fall in 20 months, the USD/JPY

EUR/USD On Friday, the euro maintains its upward trend in the second half of the week, pushing EUR/USD to the 1.1230 level.  Today, the market is focusing on Christine Lagarde’s speech, the European Central Bank’s president. GBP/USD From early Friday, GBP/USD was down at a daily range of 1.3279 – 1.3325. USD/JPY The USD/JPY pair was last seen hovering around the 114.70-65 region, near the lower end of its daily trading range. AUD/USD The AUD/USD pair while taking offers around 0.7135, was down 0.78% during Friday morning in

EURO/USD During the early Asian session on Wednesday, the EUR/USD struggled to maintain its recovery from a 16-month low and was trading around 1.1250. GBP/USD GBP/USD is still under pressure around 1.3370, fading the early Asian recovery from the yearly low ahead of Wednesday’s London open. The pair appears to be struggling with Brexit headlines and mixed concerns. Traders on the other hand, remain sceptical ahead of a slew of US data/events set to be released later in the day, such as the

EURO/USD The pair was trading at 1.1268 around 9am today, down 0.16%, while the U.S. dollar is gaining ground against a broad basket of currencies. GBP/USD The currency pair is recovering losses near 1.3445 this morning after hitting intraday lows of 1.3428 earlier. Despite this, further gains appear elusive in the face of a stronger US dollar and ongoing Brexit concerns. USD/JPY As US Treasury yields rebound across the curve ahead of this week’s Fed minutes, the USD/JPY was trading above 114.00 this morning, looking

EURO/USD The EUR/USD currency pair is moving higher than yesterday levels. At the time of the writing the rate was fluctuating around 1.13060. GBP/USD GBP/USD holds the higher ground on a big beat on the UK Retail Sales, trading from Friday morning at 1.3500, up 0.09% on the day. USD/JPY On Friday, the USD/JPY is hovering around the 114.00 level. The currency pair has done slightly better as a result of higher 10-year US Treasury Yields, which are currently trading at 1.59 percent. AUD/USD The AUD/USD pair is