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07.02.2025 Market Report

EUR/USD The EUR/USD pair trades on a softer note around 1.0375 during the Asian session on Friday. The uncertainty surrounding US trade policy and the risk-off sentiment weigh on the Euro (EUR). Traders will keep an eye on the German Industrial Production ahead of US Nonfarm Payrolls (NFP) on Friday.  GBP/USD The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, around the 1.2425 area during the Asian session on Friday. This

06.02.2025 Market Report

EUR/USD EUR/USD depreciates after two days of gains, trading around 1.0390 during the Asian session on Thursday. Traders await Eurozone Retail Sales data scheduled to be released later in the day. GBP/USD GBP/USD halts its three-day winning streak, trading around 1.2490 during the Asian hours on Thursday. The Pound Sterling could face downward pressure amid expectations that the Bank of England will resume its policy-easing cycle, likely lowering interest rates by 25 basis points to 4.5% later in the day. USD/JPY The Japanese Yen

05.02.2025 Market Report

EUR/USD EUR/USD clings to recovery gains near 1.0400 in European trading on Wednesday. The US Dollar struggles to lure buyers amid Fed rate cut bets and a better market mood, underpinning the pair ahead of the US economic data releases and central bank talks.  GBP/USD GBP/USD has found fresh demand and retakes the 1.2500 level in the European session on Wednesday. A positive shift in risk sentiment and a sustained US Dollar weakness, on Trump tariff uncertainty and Fed rate cuts, support the

04.02.2025 Market Report

EUR/USD EUR/USD trades with sizeable losses near 1.0300 in early Europe on Tuesday. The pair loses ground on renewed haven demand for the US Dollar as China retaliates to US tariffs with counter-tariffs, hitting risk sentiment. Markets remain wary of potential US tariffs on the Euro area.  GBP/USD GBP/USD continues to gain ground for the second successive session, trading around 1.2430 during the Asian hours on Tuesday. The pair improved amid improved risk-on sentiment after US President Donald Trump announced late Monday

03.02.2025 Market Report

EUR/USD The EUR/USD pair continues its downward trend, which started on January 27, trading around 1.0230 during the Asian session on Monday. A closer examination of the daily chart indicates that the bearish momentum is likely to persist, with the pair confined within a descending channel pattern. GBP/USD GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday’s Asian trading hours. The pair has weakened by around 1% as the US Dollar Index gains strength following US President Donald Trump’s tariff threats

31.01.2025 Market Report

EUR/USD EUR/USD continues to trade in a narrow channel at around 1.0400 in the European session on Friday. The data from Germany showed that Retail Sales unexpectedly declined in December, making it difficult for the Euro to gain traction. GBP/USD GBP/USD continues its losing streak for the fourth successive session, trading around 1.2420 during the Asian hours on Friday. This downside is attributed to the improved US Dollar amid increased risk aversion following renewed tariff threats from US President Donald Trump. USD/JPY The Japanese Yen (JPY)

30.01.2025 Market Report

EUR/USD EUR/USD is falling back toward 1.0400 in European trading on Thursday. Unexpected French Q4 GDP contraction, ECB rate cut expectations and a renewed US Dollar uptick weigh on the pair. German and EU GDP data eyed ahead of ECB verdict.  GBP/USD GBP/USD holds lower ground below 1.2450 in the early European session on Thursday. Renewed US Dollar buying and a cautious market environment drags the pair lower. Traders refrain from placing big bets on the major ahead of the US Q4 advance

29.01.2025 Market Report

EUR/USD EUR/USD halts its two-day losing streak, trading around 1.0440 during the Asian hours on Wednesday. However, the pair could continue facing challenges amid risk-off sentiment ahead of the Federal Reserve’s interest rate decision scheduled later in the North American session. GBP/USD GBP/USD remains steady after registering losses in the previous session, trading around 1.2440 during the Asian hours on Wednesday. The pair’s downside could be attributed to the increased risk aversion due to tariff threats made by US President Donald Trump. USD/JPY The Japanese Yen (JPY)

28.01.2025 Market Report

EUR/USD The EUR/USD pair extends the overnight modest pullback from the 1.0530-1.0535 region, or its highest level since December 17 and attracts heavy follow-through selling during the Asian session on Tuesday. Spot prices currently trade around the 1.0430 area, down over 0.50% for the day and seem vulnerable to weaken further amid a strong pickup in the US Dollar (USD) demand. GBP/USD The GBP/USD pair halts its three-day winning streak as the British Pound (GBP) faces headwinds due to growing market expectations of a near-certain

27.01.2025 Market Report

EUR/USD EUR/USD edges lower to near 1.0480 during the Asian session on Monday as the US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, recovers from its monthly low at 107.22, reached on Friday. The DXY trades near 107.60 at the time of writing. GBP/USD The GBP/USD pair kicks off the new week on a softer note and erodes a part of Friday’s strong gains to the 1.2500 psychological mark, or a near three-week peak.