InterstellarFX

EUR/USD Commerzbank’s Volkmar Baur notes that EUR/USD has fallen to around 1.16 as markets now price a higher probability of a Fed rate hike by year-end while expecting the European Central Bank (ECB) to react less to inflation. Diverging PMI data show the Eurozone economy is hit harder by higher Oil and gas prices than the US, leaving EUR/USD sensitive to developments in the Iran conflict. GBP/USD United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect GBP/USD to continue trading

EUR/USD The EUR/USD pair trades vulnerably near the two-month low of 1.1596, posted on Tuesday, during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar (USD) trades firmly due to the combined efforts of the risk-aversion market theme and rising United States (US) Treasury Yields. GBP/USD The British Pound (GBP) drops against its major currency peers, sliding to near 1.3375, during the European trading session on Wednesday. The British currency comes under pressure, following

EUR/USD The EUR/USD pair trades 0.18% lower to near 1.1635 during the European trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) resumes its upside journey amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. GBP/USD The British Pound (GBP) drifts further from Monday’s highs near 1.3450 against the US Dollar (USD) on Tuesday, reaching session lows a few pips above 1.3400 at the time of writing. UK unemployment figures

EUR/USD EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows just above 1.1600,with the euro remaining under pressure against a firmer dollar amid renewed Middle East tensions and risk‑averse conditions. GBP/USD The British pound traded lower against the US dollar, dropping over 2% this previous week as leadership uncertainty and rate hike expectations weighed in. As of writing, the GBP/USD had exited a key level around 1.3400 and has exposed lower price levels. USD/JPY The USD/JPY pair scales higher

EUR/USD The EUR/USD pair extends its losing streak for the fourth trading day on Friday, trading 0.15% lower to near 1.1653 during the Asian trading session. The major currency pair faces selling pressure as the US Dollar (USD) extends its advance, following positive outcomes of the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping on Thursday. GBP/USD Commerzbank’s Michael Pfister highlights mounting political turmoil in the United Kingdom (UK), with resignations and leadership speculation tightening pressure on

EUR/USD The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials. Traders will take more cues from the US Retail Sales report for April, which is due later on Thursday.  GBP/USD GBP/USD holds ground following three days of losses, trading around 1.3520 during the Asian hours on Thursday. Traders await the preliminary UK Gross Domestic Product (GDP) for

EUR/USD The EUR/USD pair is seen consolidating the previous day’s heavy losses and oscillating in a narrow band, below mid-1.1700s, during the Asian session on Wednesday. Traders now seem hesitant and opt to move to the sidelines ahead of a meeting between US President Donald Trump and his Chinese counterpart, Xi Jinping. GBP/USD The GBP/USD pair struggles to capitalize on the previous day’s late bounce from the 1.3500 psychological mark, or a nearly two-week low, and oscillates in a narrow band during

EUR/USD EUR/USD gains ground after opening at a gap-down, still holding daily losses near 1.1750 during the Asian hours on Monday. The pair remains in the negative territory as the US Dollar (USD) remains firm amid growing risk aversion. GBP/USD The GBP/USD pair struggles to capitalize on its modest intraday bounce and remains below the 1.3600 mark through the Asian session on Monday amid the emergence of some US Dollar (USD) buying. USD/JPY The USD/JPY pair gains ground to around 157.15 during the early