InterstellarFX

EUR/USD The EUR/USD pair trades with a mild negative bias around 1.0300 during the Asian trading hours on Friday. The Federal Reserve’s (Fed) move to delay the interest rate cut continues to lift the Greenback and exert some selling pressure on the major pair. Traders brace for the US December Nonfarm Payrolls (NFP) report, which is due later on Friday.  GBP/USD GBP/USD remains subdued for the fourth successive day, trading around 1.2300 during the Asian session on Friday. The GBP/USD pair dropped to

EUR/USD The EUR/USD pair trades in negative territory for the third consecutive day around 1.0310 during the early European session on Thursday. The downbeat German November Factory Orders and the expectation of aggressive rate cuts by the European Central Bank this year weigh on the Euro against the Greenback.  GBP/USD The GBP/USD pair remains under pressure for the third consecutive session, hovering near 1.2360 during Thursday’s Asian trading hours. Technical analysis of the daily chart highlights a prevailing bearish bias, with the pair falling back

EUR/USD The EUR/USD pair gains ground to near 1.0350 during the early European session on Wednesday. However, the potential upside of the major pair might be limited amid the prospects for slower interest rate cuts by the Federal Reserve in 2025.  GBP/USD The GBP/USD pair maintains its position after registering losses in the previous session, hovering around 1.2480 during Wednesday’s Asian hours. Technical analysis on the daily chart points to a weakening bearish trend, as the pair is trading above the upper boundary of a descending channel pattern. USD/JPY The Japanese

EUR/USD EUR/USD is trading with modest gains at around 1.0400 in the European trading hours on Tuesday. The sustained US Dollar weakness and profit-taking ahead of the Eurozone inflation data underpin the pair. US ISM Services PMI and Job Openings data are also awaited.  GBP/USD GBP/USD keeps its bid tone intact, eyeing 1.2550 in Tuesday’s European morning. The pair’s advance is driven by a broadly subdued US Dollar but the further upisde could be capped by a mixed market mood heading into the US

EUR/USD EUR/USD is consolidating its recovery below 1.0300 in the European morning on Friday. The pair breathes a sigh of relief as the US Dollar rally stalls even as markets stay cautious amid geopolitical risks and Trump’s tariff plans. The focus remains on US ISM PMI data and central bank talks.  GBP/USD GBP/USD rebounds to test 1.2400 in the European session on Friday. A minor pullback in the US Dollar allows the pair to find some respite after having lost over 1% on

EUR/USD EUR/USD continues to lose ground for the fourth successive day, trading around 1.0350 during the Asian hours on Thursday. The Euro faces challenges as the European Central Bank maintains dovish guidance on interest rates policy for this year. GBP/USD The GBP/USD pair remains on the defensive around 1.2510 on Thursday during the Asian session, pressured by the stronger US Dollar broadly. The prospect that the Federal Reserve will slow the easing cycle this year supports the Greenback against the Pound Sterling.  USD/JPY The USD/JPY pair gains

EUR/USD EUR/USD gains ground on Tuesday, trading near 1.0410 during the Asian session after posting losses on the previous day. The EUR/USD pair’s rebound can be attributed to a subdued US Dollar following weaker Treasury yields. GBP/USD GBP/USD retraces its recent losses from the previous session, trading around 1.2550 during the Asian hours on Tuesday. This upside of the pair could be attributed to the subdued US Dollar amid weaker US Treasury yields. USD/JPY USD/JPY corkscrewed on Tuesday, backsliding seven-tenths of one percent and

EUR/USD EUR/USD extends its gains for the third successive day, trading around 1.0430 during the Asian hours on Monday. The upside of the pair could be attributed to the remarks from the European Central Bank (ECB) Governing Council member Robert Holzmann. GBP/USD The GBP/USD pair extends its gains for the second consecutive day, trading near 1.2580 during the Asian session on Monday. The upward movement can be attributed to the subdued US Dollar (USD) amid lighter-than-usual trading volumes ahead of the New