finance

EUR/USD EUR/USD is holding lower ground near 1.0550 in the European session, having failed to sustain the recovery. The US Dollar is finding fresh demand, despite dovish Fed bets. as traders stay cautious amid the Middle East tensions. ECB Lagarde and Fed speakers are in focus.  GBP/USD GBP/USD is dropping toward 1.2200 in early European trading on Tuesday. The pair is feeling the pull of gravity amid a US Dollar rebound even though risk sentiment remains slightly upbeat. Geopolitical risks weigh on

EUR/USD EUR/USD is keeping its bearish potential intact around 1.0550 in the European morning on Monday, having opened a new week with a modest bearish gap. Risk-off flows dominate amid escalating Middle East violence, underpinning the safe-haven demand for the US Dollar.  GBP/USD GBP/USD is battling 1.2200, on the defensive early Monday amid risk-aversion. The US Dollar capitalizes on escalating geopolitical tensions in the Middle East and hawkish Fed bets. Higher Oil prices also add to the weight on the pair.  USD/JPY The USD/JPY pair

EUR/USD EUR/USD  is seen oscillating in a narrow trading band around 1.0550 heading into the European morning on Friday. The US Dollar is consolidating its two-day corrective decline amid a better mood and ahead of the key US payrolls data.  GBP/USD GBP/USD looks to retrace recent gains, trading slightly lower around 1.2180 during the Asian session on Friday. However, the pair received upward support, which could be attributed to the correction in the US Dollar (USD) following the decline in US Bond yields. USD/JPY The USD/JPY pair

EUR/USD EUR/USD continues on the gains registered in the previous session, trading higher around 1.0520 during the Asian trading session on Thursday. The pair encountered challenges amid market caution regarding the interest rate trajectory of the US Federal Reserve (Fed). GBP/USD The GBP/USD pair struggles to capitalize on the previous day’s goodish intraday recovery from the 1.2035 area, or its lowest level since March 16 and oscillates in a narrow trading band during the Asian session on Thursday. Spot prices currently trade below

EUR/USD EUR/USD remains on the defensive around 1.0470 amid a US Dollar upside consolidation. The pair’s rebound appears capped by firmer US Treasury bond yields, in the face of hawkish Fed bets. Traders look to ECB Lagarde’s speech and EU data ahead of the US ADP jobs report.  GBP/USD The GBP/USD pair extends its consolidative price move for the second successive day on Wednesday and remains well within the striking distance of the lowest level since March 16 touched the previous day. Spot prices

EUR/USD EUR/USD is sitting at YTD lows near 1.0450 in the European morning on Tuesday. Hawkish Fed expectations and risk-aversion are supporting the US Dollar uptrend, weighing on the pair. US JOLTS Job Openings data is next in focus amid a light EU economic calendar.  GBP/USD GBP/USD remains on the defensive near a multi-month trough touched this Tuesday. A combination of factors lifts the USD to a fresh YTD top and weighed on the major. The BoE’s surprise pause continues to weigh on the

EUR/USD EUR/USD is consolidating in a narrow range below 1.0600 in early Europe on Monday. The pair keeps its calm amid a steady US Dollar, higher US Treasury bond yields and a cautious mood. US ISM PMI and Powell’s speech in focus.  GBP/USD GBP/USD struggles to gain any meaningful traction and oscillates in a narrow trading range. The risk-on impulse is seen undermining the safe-haven USD and lending support to the major. The divergent Fed-BoE policy outlook should keep a lid on

EUR/USD EUR/USD preserved its recovery momentum and climbed toward 1.0600 in the European morning on Friday. Eurozone HICP inflation data for September and August PCE Price Index from the US will be watched closely on the last trading day of the third quarter. GBP/USD GBP/USD managed to build on Thursday’s recovery gains and advanced toward 1.2250 on Friday. The data from the UK confirmed that the real GDP expanded 0.2% on a quarterly basis in Q2. Later in the day, the US

EUR/USD EUR/USD is trading close to 1.0500, attempting a tepid recovery from eight-month lows of 1.0488 in European trading on Thursday. Broad US Dollar upside consolidation and Eurozone economic woes weigh on the pair ahead of the German inflation data.   GBP/USD GBP/USD remains under selling pressure below 1.2150, heading toward the lowest since March 17 at 1.2110. Sustained US Dollar strength and a mixed market mood is capping the rebound limited in the pair. US data are next in focus.  USD/JPY The USD/JPY pair surges to

EUR/USD The EUR/USD pair enters a bearish consolidation phase and oscillates in a narrow range near its lowest level since March 16, around the 1.0555 area touched during the Asian session on Wednesday. GBP/USD GBP/USD continues the losing streak that began on September 20, trading below 1.2150 during the Asian session on Wednesday. Upbeat economic data from the United States (US) reinforces the prevailing pressure on the pair. USD/JPY USD/JPY hovers slightly below the high since November, trading around 149.10 psychological level during the