InterstellarFX

EUR/USD EUR/USD opens the week on a softer note, trading near 1.1860 during the Asian session on Monday. Activity is likely to remain muted, with United States (US) markets closed for the Presidents’ Day holiday, while Mainland China is also shut for the week-long Lunar New Year break. GBP/USD The GBP/USD pair kicks off a new week on a subdued note and oscillates in a narrow range, just below mid-1.3600s, during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution

EUR/USD The Euro (EUR) is trading lower against the US Dollar (USD) for the fourth consecutive day on Friday, changing hands at 1.1855 at the time of writing, down from its weekly high of 1.1928. Renewed concerns about AI have crushed market sentiment ahead of the releases of the Eurozone’s Preliminary Gross Domestic Product (GDP) and the US Consumer Price Index (CPI), due later on Friday. GBP/USD The Pound Sterling edged higher to 1.3640 on Thursday, recovering from an earlier pullback after

EUR/USD The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1835-1.1830 region and oscillates in a narrow band during the Asian session on Thursday. Spot prices currently trade around the 1.1875 area, remaining nearly unchanged for the day and staying within striking distance of an over one-week high, reached on Tuesday, amid mixed cues. GBP/USD The GBP/USD pair gains ground near 1.3635, snapping the two-day losing streak during the early European session on Thursday. The preliminary reading of UK

EUR/USD The EUR/USD pair gains traction to near 1.1915 during the early European session on Wednesday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the delayed US employment report for January, which will offer clues on the path of Federal Reserve (Fed) policy. GBP/USD GBP/USD pulled back on Tuesday after Monday’s strong bounce from the 1.3510 low, closing at 1.3641, down 0.39% on the session. The daily chart shows the pair gave back gains

EUR/USD The EUR/USD pair loses ground to around 1.1905, snapping the two-day winning streak during the early European trading hours on Tuesday. Markets might turn cautious ahead of the release of key US economic data, including US employment and inflation reports that were pushed back slightly due to the recently ended four-day government shutdown. GBP/USD The GBP/USD pair trades on a weaker note around 1.3685 during the European session on Tuesday. The Pound Sterling (GBP) edges lower against the US Dollar (USD)

EUR/USD The EUR/USD pair is seen building on Friday’s goodish rebound from the 1.1765 region or a two-week low and gaining positive traction for the second straight day at the start of a new week. The move higher lifts spot prices to the 1.1830-1.1835 resistance zone, marking the top end of a one-week-old range, and is sponsored by some follow-through US Dollar (USD) selling. GBP/USD The GBP/USD pair trades on a softer note around 1.3605 during the early European session on Monday.

EUR/USD The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an improvement in speculation that the Federal Reserve (Fed) could cut interest rates in the March policy meeting GBP/USD The GBP/USD pair adds to the previous day’s dovish Bank of England (BoE)-inspired heavy losses and drifts lower for the third straight day on Friday. The downward trajectory is sponsored by sustained US

EUR/USD The EUR/USD pair loses ground to around 1.1785 during the early European trading hours on Thursday. The Euro (EUR) softens against the US Dollar (USD) as Eurozone inflation declined well below target ahead of the European Central Bank (ECB) interest rate decision. The German Factory Orders and Eurozone Retail Sales are also due later on Thursday.  GBP/USD GBP/USD extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Thursday. The pair weakens as the Pound Sterling