InterstellarFX

EUR/USD EUR/USD is deep in the red near 1.1500 in the European morning on Friday, extending the pullback from multi-year highs. The pair tumbles as the US Dollar receives support from increased safe-haven demand, sparked by Israel’s attack on Iran’s nuclear facility. Iran has vowed retaliation.  GBP/USD The GBP/USD pair loses ground to near 1.3530 during the early European session on Friday. The Pound Sterling weakens against US Dollar due to heightened risk aversion, fuelled by geopolitical tensions in the Middle East. Investors now await Iran’s

EUR/USD The EUR/USD pair extends its weekly uptrend and climbs to the 1.1530 area or the highest level since April 22 during the Asian session on Thursday. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices is to the upside. GBP/USD GBP/USD found some bullish tailwinds on Wednesday, erasing the previous session’s gains and climbing back into the 1.3550 level. Cooler-than-expected US Consumer Price Index (CPI) inflation figures from the initial post-tariff reference period bolstered

EUR/USD EUR/USD loses ground after registering gains in the previous two consecutive sessions, trading around 1.1400 during the Asian hours on Wednesday. The pair depreciates as the US Dollar receives support from easing tariff tensions between the United States and China. GBP/USD The GBP/USD pair extends the decline to around 1.3475 during the Asian trading hours on Wednesday. The Pound Sterling weakens against the US Dollar due to a weaker UK employment report. Later on Wednesday, the attention will shift to the US May Consumer Price Index inflation. USD/JPY The Japanese

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s move higher and attracts fresh sellers near the 1.1435 region during the Asian session on Tuesday. The intraday slide is sponsored by a goodish pickup in the US Dollar (USD) demand and drags spot prices back below the 1.1400 round figure in the last hour. GBP/USD GBP/USD Held steady within recent consolidation on Monday, testing the waters near 1.3550. Cable traders are bracing for a fast one-two punch of UK and

EUR/USD The EUR/USD pair trades in a limited range around 1.1440 during Asian trading hours on Friday. The major currency pair consolidates as investors await the United States Nonfarm Payrolls data for May, which will be published at 12:30 GMT. GBP/USD GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. The pair is trading around 1.3570, with little moves ahead of labor market data from the United States. USD/JPY The Japanese Yen (JPY) builds on its steady intraday descent, which, along

EUR/USD The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank’s (ECB) interest rate decision announcement at 12:15 GMT. GBP/USD GBP/USD caught a bid on Wednesday, paring the previous day’s losses and keeping price action on the high side of recent congestion. Bids remain pinned firmly above 1.3500 with key US Nonfarm Payrolls data looming ahead later

EUR/USD EUR/USD retreats after hitting a six-week peak of 1.1454 on Tuesday amid increasing concerns of market participants regarding the trade war ignited by the United States (US). The Greenback’s appreciation weighs on the pair, which trades at 1.1379, down 0.52%. GBP/USD GBP/USD trimmed bullish momentum on Tuesday, settling into slim chart churn just north of 1.3500. The Bank of England’s (BoE) latest Monetary Policy Report hearings before British parliament did little to galvanize Cable traders, and market sentiment is pinned in

EUR/USD The EUR/USD pair attracts some buyers to around 1.1370 during the early European session on Monday. The US Dollar weakens against the Euro amid the renewed trade war tensions. US President Donald Trump said on Friday that he planned to double import tariffs on steel and aluminum.  GBP/USD GBP/USD looks to build on intraday strength beyond the 1.3500 mark as Fed rate hike bets and US fiscal concerns prompt fresh USD selling. Also, speculations that the BoE would pause at its next meeting