EUR/USD EUR/USD is on the back foot below 1.0800 early Friday, struggling to capitalize on the previous day’s goodish bounce. Trump’s tariff jitters keep investors on the edge, leaving the pair gyrating in a range ahead of the key US PCE inflation data. GBP/USD GBP/USD holds steady near 1.2950 in Friday’s European trading hours. Uncertainty over US President Trump’s tariff plans dominate and weigh on the risk-sensitive currency pair as traders look to top-tier UK and US data for fresh trading impetus. USD/JPY The
EUR/USD The EUR/USD pair rebounds from over a three-week low, around the 1.0735-1.0730 area touched during the Asian session on Thursday, and for now, seems to have snapped a six-day losing streak. The momentum lifts spot prices to the 1.0780 region, or a fresh daily high in the last hour, and is sponsored by renewed US Dollar (USD) selling bias. GBP/USD GBP/USD recovers its recent losses from the previous session, climbing to around 1.2910 during Thursday’s Asian session. The pair is strengthening
EUR/USD The EUR/USD pair gains ground to near 1.0780 during the Asian trading hours on Wednesday. The Greenback softens against the Euro due to the weaker US economic data and the uncertainty surrounding US President Donald Trump’s trade policy ahead of a new round of tariffs next week. GBP/USD The GBP/USD pair loses ground after registering gains in the previous two sessions, trading around 1.2930 during the Asian hours on Wednesday. USD/JPY The Japanese Yen (JPY) continues losing ground through the Asian session on Wednesday, which, along with
EUR/USD EUR/USD backslid for a second consecutive trading day, falling one-fifth of one percent on Thursday as markets continue to keep one foot in the safe haven US Dollar amid still-bubbling market tensions around the US’s waffling on tariff policy. GBP/USD The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological
EUR/USD EUR/USD remained bolstered above the 1.0900 handle on Wednesday, propped up by a general easing in Greenback flows after the Federal Reserve (Fed) met markets in the middle and held rates steady for another meeting. Fed Chair Jerome Powell noted that growth projections for 2025 have been significantly hindered by the Trump administration’s erratic policy of announcing trade tariffs on social media only to later retract them. As a result, the Federal Open Market Committee (FOMC) revised its end-2025 Gross Domestic
EUR/USD The EUR/USD pair weakens to near 1.0935 during the Asian trading hours on Wednesday, pressured by a modest recovery in the US Dollar. Traders prefer to wait on the sidelines ahead of the US Federal Reserve interest rate decision on Wednesday. GBP/USD GBP/USD edges lower, trading around 1.2990 during Asian hours on Wednesday after posting gains in the previous two sessions. The pair struggles as the US Dollar (USD) remains firm, supported by stable US Treasury yields ahead of the Federal Reserve’s (Fed) interest rate
EUR/USD The EUR/USD pair trades with mild losses around 1.0915 during the early Asian session on Tuesday. Escalating trade war with further tariffs from US President Donald Trump on European Union goods weighs on the Euro (EUR). However, the weaker US Dollar (USD) amid the concerns over the economic slowdown in the United States and the hopes of the German fiscal deal might cap the downside for the major pair. GBP/USD GBP/USD retreats after gaining in the previous session, hovering around 1.2970 during Asian trading
EUR/USD EUR/USD may find support from improving risk sentiment amid a potential ceasefire discussion between Trump and Putin this week. The US Dollar remains steady as traders exercise caution before the upcoming Retail Sales data release. GBP/USD The GBP/USD pair extends its losing streak for the third successive session, trading around 1.2940 during the Asian hours on Monday. USD/JPY The Japanese Yen (JPY) remains on the defensive against its American counterpart heading into the European session, though the downside remains cushioned. The global risk
EUR/USD The EUR/USD pair edges lower to around 1.0835 during the Asian trading hours on Friday. The Euro weakens against the US Dollar amid an escalating trade war between the United States and the European Union. GBP/USD GBP/USD loses its traction in the European morning on Friday and declines toward 1.2900. The data from the UK showed that the Gross Domestic Product contracted by 0.1% on a monthly basis in January, while Manufacturing Production decreased by 1.1%, weighing on Pound Sterling. USD/JPY The USD/JPY begins Friday’s Asian
EUR/USD EUR/USD bidders eased off the gas pedal on Wednesday, allowing Fiber to retreat around one-third of one percent and pushed bids back below the 1.0900 major price handle. Despite a significant recovery in EUR/USD over the last couple of weeks, buyers are settling back down after readjusting Fiber by over 5% in less than two weeks. GBP/USD GBP/USD attempts to extend its gains for the third successive day, trading around 1.2960 during the Asian session on Thursday. The GBP/USD pair rises as the