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Interstellar FX

About Interstellar FX

This author Interstellar FX has created 494 entries.

07.05.2025 Market Report

EUR/USD EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move. The Federal Reserve’s (Fed) midweek rate call is the key data event this week, keeping investor sentiment chained to its post for the time being. GBP/USD GBP/USD rose on Tuesday, climbing four-tenths of one percent on the day and testing the 1.3400 handle on headlines of a possible US-UK trade deal that would see

06.05.2025 Market Report

EUR/USD EUR/USD churned chart paper near the familiar 1.1300 handle to kick off a fresh trading week. The Fiber has been stuck in a choppy consolidation phase as Euro traders struggle to kick off a new push in either direction. GBP/USD GBP/USD snapped a near-term losing streak, pumping the breaks and holding steady near the 1.3300 handle to kick off a fresh trading week. Cable remains down from recent multi-year highs, but price action has pushed into a holding pattern ahead of key

05.05.2025 Market Report

EUR/USD The EUR/USD pair attracts some dip-buyers at the start of a new week and climbs back closer to mid-1.1300s during the Asian session amid a broadly weaker US Dollar. GBP/USD The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar softens against the Pound Sterling amid heightened economic uncertainty in the wake of US President Donald Trump’s erratic trade policies.  USD/JPY The Japanese Yen (JPY) retains its positive bias for the second straight day, which, along with the emergence

02.05.2025 Market Report

EUR/USD The EUR/USD pair softens to around 1.1290 during the early Asian session on Friday. The US Dollar (USD) edges higher against the Euro (EUR) amid optimism about a de-escalation in the global trade conflict. All eyes will be on the US April Nonfarm Payrolls (NFP) report, which is due later on Friday.  GBP/USD The GBP/USD pair drifts lower to near 1.3275 during the Asian trading hours on Friday. The positive developments surrounding US-China trade talks provide some support to the US Dollar (USD). Investors

30.04.2025 Market Report

EUR/USD EUR/USD holds the recovery below 1.1400 in early Europe on Wednesday, though it lacks any follow-through amid a modest US Dollar uptick. The pair remains confined in a familiar range held over the past week or so as traders aswait the top-tier German, EU and US GDP data for fresh impetus.  GBP/USD GBP/USD remains on the back foot near 1.3400 in the European trading hours on Wednesday. The pair is under pressure as the US Dollar strengthens on renewed optimism surrounding US-China trade

29.04.2025 Market Report

EUR/USD The EUR/USD pair edges lower to near 1.1415 during the early Asian session on Tuesday. The Euro (EUR) weakens against the US Dollar (USD) amid rising bets for further rate cuts from the European Central Bank (ECB) in June. Investors brace for further developments in US trade policy ahead of the release of highly anticipated US Nonfarm Payrolls (NFP) data on Friday.   GBP/USD The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by

28.04.2025 Market Report

EUR/USD The EUR/USD pair trades on a flat note around 1.1360 during the Asian session on Monday. The Greenback steadies as traders are confused by mixed signals on US-China trade relations. Despite US President Donald Trump’s claims that there has been progress and that he has talked with China’s President Xi Jinping, Beijing has denied that trade negotiations are taking place, and US Treasury Secretary Scott Bessent did not announce on Sunday that tariff talks were underway. GBP/USD The GBP/USD pair steadies

25.04.2025 Market Report

EUR/USD The EUR/USD pair weakens to near 1.1380 during the Asian session on Friday. However, the downside for the major pair might be limited as investors remain concerned about the US-China trade tensions. Later on Friday, the final reading of Michigan Consumer Sentiment will be released.  GBP/USD GBP/USD remains under moderate selling pressure below 1.3300 despite the upbeat UK Retail Sales data for March. The pair feels the heat of the solid US Dollar rebound, aided by a Bloomberg report, which indicated China

24.04.2025 Market Report

EUR/USD The EUR/USD pair edges higher to around 1.1335 during the early Asian session on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).   GBP/USD The GBP/USD pair gathers strength to near 1.3270, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) weakens against the Cable due to the uncertainty surrounding Trump’s trade policies.   USD/JPY USD/JPY trades below 143.00, holding its correction from over

23.04.2025 Market Report

EUR/USD The EUR/USD pair attracts some sellers to around 1.1355 during the early Asian session on Wednesday, pressured by the renewed US Dollar (USD) demand. The Greenback recovers after US President Donald Trump said he had no intention of firing Federal Reserve (Fed) Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates. GBP/USD The GBP/USD pair remains weak near 1.3280 during the early Asian session on Wednesday. Comments by US Treasury Secretary Scott Bessent