InterstellarFX

EUR/USD EUR/USD ticks lower after three days of gains, trading around 1.1590 during the Asian hours on Friday. The pair loses ground as the US Dollar (USD) holds ground after three days of losses. However, the Greenback may face challenges amid growing expectations of a Federal Reserve (Fed) rate cut in December. GBP/USD GBP/USD continues its winning streak for the seventh successive session, trading around 1.3240 during the Asian hours on Friday. The pair strengthens as the US Dollar (USD) weakens amid growing

EUR/USD EUR/USD is pulling back from highs above 1.1600, but keeps most of its weekly gains, trading near 1.1585 at the time of writing on Thursday. Growing confidence that the Federal Reserve will ease its monetary policy further over the coming months is weighing on the US Dollar, while hopes of a peace deal between Russia and Ukraine have supported the common currency this week. GBP/USD GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours

EUR/USD EUR/USD extends its winning streak for the third successive session, trading around 1.1580 during the Asian hours on Wednesday. The pair is gaining as the US Dollar (USD) comes under pressure, with softer United States (US) economic data boosting expectations of a Federal Reserve (Fed) rate cut in December. GBP/USD GBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday. Traders await the UK Chancellor of the Exchequer, Rachel Reeves, to deliver the

EUR/USD The EUR/USD pair edges higher for the second consecutive day on Tuesday, though it lacks follow-through buying and remains confined in the previous day’s broader range. Spot prices currently trade around the 1.1525-1.1530 region, up less than 0.10% for the day. GBP/USD GBP/USD loses ground after three days of gains, trading around 1.3100 during the Asian hours on Tuesday. The Pound Sterling (GBP) came under pressure as UK 10-year Gilt yields edged lower to 4.54%, with investors awaiting the November 26

EUR/USD Germany’s IFO institute will publish its business survey for November on Monday at 09:00 GMT. EUR/USD is likely to remain steady if the IFO Business Survey data comes out as expected. Any surprise downtick in the German business activity could put little pressure on the Euro (EUR), as it receives support from the cautious sentiment surrounding the European Central Bank’s (ECB) monetary policy outlook. The ECB is widely expected to keep rates unchanged through the end of 2026, with inflation hovering near

EUR/USD Germany and the Eurozone have the preliminary Purchasing Managers’ Index (PMI) data for September to be released by S&P Global and Hamburg Commercial Bank (HCOB) on Friday, later this session at 08:30 and 09:00 GMT, respectively. HCOB German Composite PMI is expected to inch lower to 53.7 in November, from 53.9 previously. Meanwhile, Manufacturing PMI may tick up to 49.8 from 49.6, while Services PMI is expected to ease to 53.9 from October’s 54.6. GBP/USD GBP/USD cut off a four-day losing streak on

EUR/USD The EUR/USD pair extends its losing streak for the fifth trading day on Thursday. The major currency pair slides to near an almost two-week low around 1.1500 during the European trading session. The weakness in the pair is mainly contributed by the strength in the US Dollar (USD), which outperforms its peers amid receding expectations of an interest rate cut by the Federal Reserve (Fed) in its upcoming monetary policy meeting in December. GBP/USD The GBP/USD pair trades with mild gains near

EUR/USD EUR/USD moves little after three days of losses, trading around 1.1580 during the Asian hours on Wednesday. The pair may further lose ground as the US Dollar (USD) gains amid declining US Federal Reserve (Fed) rate cut bets for December. The highly anticipated September Nonfarm Payrolls data are scheduled to be released on Thursday. GBP/USD GBP/USD remains subdued for the fourth consecutive session, trading around 1.3130 during the Asian hours on Wednesday. Traders await the United Kingdom (UK) Consumer Price Index (CPI),