EUR/USD EUR/USD is holding gains above 1.0900 in European trading on Tuesday. The US Dollar underperforms, despite a cautious mood, as the US Treasury bond yields stay on the back foot. EU/ US data and central banks’ speeches awaited. GBP/USD The GBP/USD pair snaps its two-day losing streak during the early Asian session on Tuesday. The rebound of the pair is bolstered by the weaker US Dollar (USD) and the lower US Treasury bond yields. Investors await the UK inflation data, due on
EUR/USD EUR/USD is trading back above 1.0900, catching a fresh bis in the early European morning on Monday. The pair benefits from a weaker US Dollar alongside the US Treasury bond yields amid divergent Fed-ECB policy outlooks. Investors await the German IFO survey for fresh impetus. GBP/USD The GBP/USD pair attracts some dip-buying around the 1.2655 area during the Asian session on Monday and for now, seems to have stalled its retracement slide from the vicinity of the 1.2800 mark, or a near four-month
EUR/USD
EUR/USD remains sidelined in the European morning on Friday, awaiting the Euro area business PMIs for fresh impetus. The divergent ECB-Fed policy outlooks stay supportive of the Euro while the US Dollar consolidates losses ahead of US PMI data.
GBP/USD
GBP/USD is paring back gains to trade modestly flat near 1.2750 in early Europe on Friday. The pair is holding its weekly gains, supported by a hawkish BoE outlook and a dovish Fed pivot. Focus shifts toward the preliminary UK/ US PMIs.
USD/JPY
The
EUR/USD EUR/USD is trading close to 1.0900, looking to build on Wednesday’s hard rebound after the Federal Reserve (Fed) pivoted into a path toward rate cuts after months of towing the “higher for longer” line. ECB policy decision is next in focus. GBP/USD The GBP/USD pair surges to one-week highs above the 1.2600 mark during the Asian session on Thursday. The uptick of the pair is bolstered by the weaker US Dollar and the dovish comments after the Federal Reserve (Fed) meeting.
EUR/USD EUR/USD halts to continue a two-day winning streak ahead of the monetary policy decisions from the United States and the Eurozone on Wednesday and Thursday, respectively. The EUR/USD pair trades lower around 1.0790 during the Asian session on Wednesday. GBP/USD GBP/USD exhibits a sideways movement as it braces for a barrage of data releases from both nations, hovering around 1.2550 in early Europe on Wednesday. The pair experienced notable volatility in the previous session, driven by the UK employment data and the US inflation report. USD/JPY The USD/JPY pair is
EUR/USD EUR/USD is trading above 1.0750, confined in a narrow trading band for the second straight day on Tuesday. Broad US Dollar retreat and a cautious mood have kept the pair sidelined. Traders now look to US CPI for fresh impetus amid dovish Fed/ECB pricing. GBP/USD GBP/USD clings to small daily gains above 1.2550 after the UK jobs report, which showed a further softening in wage inflation in October. Later in the day, November Consumer Price Index (CPI) data from the US
EUR/USD EUR/USD is trading sideways above 1.0750 in early Europe on Monday. The pair defends bids amid a modest risk-recovery and sluggish US bond yields. The US Dollar is struggling for upside traction, as traders refrain from placing fresh bets ahead of Tuesday’s US inflation data. GBP/USD GBP/USD is holding steady near 1.2550, lacking a clear directional bias in European morning on Monday. The pair is struggling amid investors’ caution ahead of key economic data and central banks’ meetings from the US and the
EUR/USD EUR/USD is posting small losses below 1.0800 in the European morning on Friday, stalling its rebound from three-week lows. The pair is weighed by a rebound in the US Dollar alongside the US Treasury bond yields, as the focus turns to the critical NFP report. GBP/USD The GBP/USD pair consolidates in a narrow range of 1.2583–1.2600 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the highly anticipated US Nonfarm Payrolls report. At press time,
EUR/USD EUR/USD is picking up fresh bids toward 1.0800 in European trading on Thursday. The US Dollar is tracking the USD/JPY decline, despite a dour mood and rebounding US Treasury bond yields. Focus is on EU GDP revision and US jobs data. GBP/USD The GBP/USD pair extends its downside above the mid-1.2500s during the early Asian trading hours on Thursday. The downtick of the pair is backed by the firmer US Dollar (USD) broadly. In the absence of economic data released from the
EUR/USD EUR/USD is trading sideways near 1.0800 in the European morning on Wednesday. The pair is benefiting from the retreating US Dollar, although a cautious risk tone limits the optimism ahead of a busy EU and US economic docket. US ADP is the key event risk. GBP/USD The GBP/USD pair snaps the two-day losing streak and holds above the 1.2600 support level during the Asian trading hours on Wednesday. The modest decline of the US Dollar creates a tailwind for the pair.
