InterstellarFX

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),

EUR/USD The EUR/USD pair trades calmly near 1.1600 during the late Asian trading session on Tuesday, following the corrective move from an over two-week high of 1.1656. The major currency pair strives to regain strength as the US Dollar (USD) struggles to extend two-day recovery move, with investors turning cautious ahead of the United States (US) Nonfarm Payrolls (NFP) data for September, releasing on Thursday. GBP/USD GBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian hours on

EUR/USD The EUR/USD pair trades with a negative bias for the second straight day on Monday as diminishing odds for another rate cut by the US Federal Reserve (Fed) provide a modest lift to the US Dollar (USD). Spot prices retreat further from an over two-week high touched last Thursday, with bears awaiting a sustained break and acceptance below the 1.1600 mark before positioning for deeper losses. GBP/USD The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The

EUR/USD EUR/USD has managed to hold onto its gains this week, though the move feels more like a reaction to a softer dollar than any real improvement in eurozone fundamentals. Yesterday’s German ZEW Expectations Index for November didn’t offer much optimism, continuing to signal that sentiment in Europe’s largest economy remains fragile. Interestingly, the aggregate ZEW reading for the wider eurozone ticked higher, which raises the question of whether Germany is increasingly becoming an outlier rather than the driver of broader

EUR/USD EURUSD continues to trade inside a tight consolidation range, with the chart showing clear boundaries at 1.16059 resistance and 1.15627 support. This sideways structure reflects hesitation and a lack of conviction from both buyers and sellers, especially with the U.S. CPI release being delayed once again. GBP/USD GBP/USD remains subdued for the third successive session, trading around 1.3120 during the Asian hours on Thursday. Traders await the United Kingdom (UK) flash Gross Domestic Product (GDP) data for the third quarter due later in the

EUR/USD EUR/USD remains steady after five days of gains, trading around 1.1580 during the Asian hours on Wednesday. The pair may continue its winning streak as the Euro (EUR) could further gain amid a cautious tone surrounding the European Central Bank (ECB) policy outlook. The ECB is expected to keep interest rates unchanged for now, backed by steady economic performance and inflation near target. GBP/USD GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair