EUR/USD EUR/USD pulls back to trade below 1.1200 in European trading on Monday. The pair feels the pull of gravity, thanks to a modest US Dollar rebound and a tepid risk tone. The focus shifts to Germany’s IFO and US Durable Goods data for fresh impetus. GBP/USD GBP/USD is off multi-month highs to tread water near 1.3200 early Monday. The US Dollar attempts a minor recovery amid souring risk sentiment, acting as a headwind for the pair. Middle East geopolitical risks and US Durable
EUR/USD The EUR/USD pair regains positive traction on the last day of the week and for now, seems to have stalled its pullback from the vicinity of over a one-year high touched on Wednesday. Spot prices trade around the 1.1125 region and draw support from the emergence of fresh selling around the US Dollar. GBP/USD The GBP/USD pair trades in positive territory for the seventh consecutive day near 1.3105 during the early European session on Friday. The confidence of investors that the US Federal Reserve will start
EUR/USD EUR/USD keeps its range near 1.1150 in European trading, snapping a four-day winning streak. The pair stays defensive ahead of the top-tier Euro area and the US preliminary PMI data. Broad US Dollar rebound amid souring sentiment weighs on the pair. GBP/USD GBP/USD has entered a consolidative mode in early Europe on Thursday, following a rejection at 1.3100 and amid a broad US Dollar recovery. Traders now look to the flash PMIs from the UK and the US for fresh trading impetus. USD/JPY The Japanese Yen
EUR/USD EUR/USD drove up 0.4% on Tuesday, breaching back above 1.1100 for the first time since last December, chalking in a fresh high for 2024. The pair has closed firmly in the green for three straight trading days, and is on pace to climb a full percent since Monday’s opening bids. GBP/USD GBP/USD chalked in another third of a percent gain on Tuesday, squeezing out a fresh 13-month high and closing in the green for a third straight day as the Pound Sterling
EUR/USD EUR/USD trades around 1.1080 during the Asian session on Tuesday after pulling back from an eight-month high of 1.1087. This downside is attributed to the improved US Dollar amid risk aversion sentiment. However, the Greenback may struggle due to rising odds of a 25 basis point rate cut by the US Federal Reserve in September. GBP/USD The GBP/USD pair weakens near 1.2980, snapping the three-day winning streak during the early European session on Tuesday. The modest recovery of the Greenback drags the major
EUR/USD
EUR/USD is sitting at year-to-date (YTH) highs near 1.1050 in the European session on Monday. The softer US Dollar, amid heightening Fed rate cut expectations, upbeat risk tone and USD/JPY sell-off, underpins the pair. The focus stays on Fedspeak, in the face of a data-sparse calendar.
GBP/USD
The British Pound (GBP) continues to draw support from last week’s relatively stronger UK macro data, which pointed to a still resilient economy and might have dashed hopes for another interest rate cut by the
EUR/USD EUR/USD halts its three-day losing streak, trading around 1.0920 during the Asian session on Friday. The upside of the EUR/USD pair could be attributed to the downbeat US Dollar, which could be attributed to heightened expectations of a dovish policy outlook by the US Federal Reserve. GBP/USD The GBP/USD pair is seen building on the previous day’s goodish rebound from the 1.2665 area, or a five-week low and gaining some follow-through positive traction for the second successive day on Thursday. USD/JPY The Japanese Yen
EUR/USD The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday. The softer US Dollar provides some support to the major pair. Nonetheless, the risk-off sentiment might cap the upside of EUR/USD amid the escalating geopolitical risks. GBP/USD GBP/USD breaks its three-day losing streak, trading around 1.2700 during the Asian session on Thursday. This upside could be attributed to the weaker US Dollar as the US Federal Reserve is widely anticipated to implement a more aggressive rate cut
EUR/USD EUR/USD is trading under pressure near 1.0900 in European trading on Wednesday, retracing from seven-month highs. The continued recovery in risk sentiment and a broad US Dollar rebound, in the face of the USD/JPY rally, drag the pair lower. GBP/USD GBP/USD retraces its recent losses, trading around 1.2710 during the Asian session on Wednesday. This upside could be attributed to the tepid US Dollar (USD) following the rising expectations of a more aggressive rate cut starting in September after the weaker US
EUR/USD EUR/USD scrambled for higher ground on Monday, launching bids into 1.1000 before settling back into a familiar range near 1.0950 and failing to set a fresh high for 2024. Broad-market expectations for rate cuts from the Federal Reserve (Fed) have run well ahead of the curve, with investors hoping for an initial double-cut from the Fed in September. GBP/USD The GBP/USD pair trades with mild losses near 1.2770 during the Asian trading hours on Tuesday. The modest recovery of the US
Risk Disclosure：The information provided on this website is general in nature and shall neither contain any financial and/or investment advice nor constitute solicitation, advice or an offer to acquire any financial product or service. This website does not give any notice prior to any changes to the information provided, and no warranty is made as to the accuracy, reliability or completeness of any information. You should consider the provision of the information based on your own objectives, financial situation and needs, prior to making use of any information provided through this website.Trading margined forex, CFDs and other financial derivative products carries a high level of risk and may not be suitable for all investors. You could sustain losses of all and above the invested amount and as such, you should not invest money that you cannot afford to lose. Before you acquire any financial product offered by the Company, you should carefully read and consider all information disclosed within the documentation provided by the Company, in order to ensure that have fully understood the risks involved in trading with such financial instruments and should only invest within your capacity. We highly recommend that you seek an independent professional advice, if necessary.The information related to products and/or services offered by the Company is not intended to be used by persons in any jurisdiction where such use is in contrary with the local legislation and regulations. We do not offer our services to residents outside the European Union and European Economic Area.
Risk Warning：CFDs are complex instruments and come with a high level of risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
InterstellarFX does not offer CFDs to residents of certain jurisdictions - amongst which USA, Iran, Canada, Belgium and France.
Licenses and Authorizations：Interstellarfx.eu is owned and operated by “THE FIRST INTERSTELLAR CAPITAL LIMITED”. THE FIRST INTERSTELLAR CAPITAL LIMITED, is registered as a Cyprus Investment Firm (CIF) with the registration number HE 161002 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 166/12 and with registered address Georgiou Karaiskaki, 38-38Z Limassol, 3032 Cyprus and office address Alexander Centre Block 1, Flat 313A, 38 Georgiou Karaiskaki, 3032 Lemesos.
