Pre Loader

Financial Services

07.03.2025 Market Report

EUR/USD EUR/USD edges higher after registering losses in the previous session trading around 1.0810 during the Asian hours on Friday. The pair gains ground as the US Dollar loses ground, driven by falling Treasury yields as markets anticipate more aggressive Fed rate cuts this year amid US growth concerns. GBP/USD GBP/USD holds little gains after registering losses in the previous session, trading around 1.2880 during the Asian hours on Friday. The pair steadies as traders adopt caution ahead of the US Nonfarm Payrolls report scheduled to be

06.03.2025 Market Report

EUR/USD EUR/USD remains steady after registering gains for the last three consecutive sessions, hovering around 1.0790 during Thursday’s Asian trading hours. However, the Euro may face headwinds as the European Central Bank (ECB) is widely expected to implement another 25 basis point rate cut later in the day. This move would bring the Main Refinancing Operations Rate down to 2.65% and lower the Deposit Facility Rate to 2.5%. GBP/USD GBP/USD edges lower after registering gains for the last three consecutive days, trading

05.03.2025 Market Report

EUR/USD EUR/USD is bouncing back toward 1.0650 in the early European session on Wednesday. The pair regains traction as the US Dollar resumes its downside amid improving risk sentiment. Meanwhile, the Euro cheers plans for German fiscal reforms. Top-tier US economic data awaited.  GBP/USD GBP/USD holds ground near 1.2800 in the European trading hours on Wednesday. The US Dollar hovered near a three-month low amid concerns over slowing US economic growth and fresh Chinese stimulus measures. The focus shifts to US data

04.03.2025 Market Report

EUR/USD EUR/USD continues its upward momentum for the second consecutive session, trading around 1.0490 during Asian hours on Tuesday. The Euro (EUR) received support from rising hopes for a potential Ukraine peace deal. European leaders, alongside Ukrainian President Volodymyr Zelenskyy and UK Prime Minister Keir Starmer, have agreed to draft a structured peace plan to be presented to the United States (US). GBP/USD The GBP/USD pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday’s Asian hours. USD/JPY USD/JPY pares

28.02.2025 Market Report

EUR/USD EUR/USD continues its decline for the third consecutive day, trading near 1.0390 during the Asian session on Friday. The pair weakens as the risk-sensitive Euro faces selling pressure amid heightened risk aversion following renewed US-EU trade tensions. US President Donald Trump hinted at imposing “reciprocal” tariffs on the European Union (EU) as early as April. GBP/USD GBP/USD turned south and tumbled on Thursday, falling nearly six-tenths of a percent and sending bids skidding back into the 1.2600 handle. Risk sentiment is

26.02.2025 Market Report

EUR/USD EUR/USD retraces its recent gains registered in the previous session, trading around 1.0500 during the Asian hours on Wednesday. The currency pair loses ground as the US Dollar appreciates amid improving US Treasury yields. GBP/USD The GBP/USD pair gives up part of its recent gains from the prior session, hovering around 1.2650 during Wednesday’s Asian session. Despite this pullback, technical analysis of the daily chart indicates a sustained bullish outlook as the pair remains within an ascending channel pattern. USD/JPY The USD/JPY pair rebounds to near 149.30 during the Asian

25.02.2025 Market Report

EUR/USD The EUR/USD pair gathers strength to near 1.0470 during the Asian trading hours on Tuesday. The Euro (EUR) gains ground after the conservative alliance made up by the Christian Democratic Union (CDU) and its allies the Christian Social Union (CSU) is set to lead Germany again following the federal election on Sunday, bringing an end to a period of political instability that has dogged Berlin for months. GBP/USD The GBP/USD pair gains ground after registering losses in the previous two successive

24.02.2025 Market Report

EUR/USD EUR/USD stays strongly bid above 1.0500 in the European morning on Monday. The pair cheers the German Conservatives Party win in the federal election, which revives hopes for better economic outlook. The further upside could remain elusive due to a cautious market mood. Germany’s IFO data eyed.  GBP/USD GBP/USD kicks off the new week on a positive note but remains below 1.2700 in the early European trading on Monday. Broad US Dollar weakness helps the pair regain ground but the upside appears

21.02.2025 Market Report

EUR/USD The EUR/USD pair trades flat near 1.0500 during the late American session on Thursday. However, Trump’s tariff threats might weigh on the Euro (EUR) against the Greenback. Later on Friday, the advanced HCOB Manufacturing and Services PMIs in Germany and the euro bloc will be released.  GBP/USD GBP/USD edged lower after hitting a two-month high of 1.2674 on Friday, trading around 1.2670 at the time of writing during the Asian session. However, the pair gained ground as the US Dollar (USD)

20.02.2025 Market Report

EUR/USD The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday. The weakening of the US Dollar provides some support to the major pair. However, tariff concerns from US President Donald Trump and geopolitical tension might cap its upside. GBP/USD GBP/USD holds ground after registering losses in the previous two successive days, hovering around 1.2590 during the Asian session on Thursday. However, the pair faces pressure as concerns over tariffs from US President Donald Trump lent support to