InterstellarFX

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

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday. Spot prices currently hover around the mid-1.1300s, down nearly 0.15% for the day, though the downside remains cushioned. GBP/USD The GBP/USD pair attracts fresh sellers following the previous day’s goodish rebound from the 1.3415 area amid a modest US Dollar uptick. Spot prices currently trade around the 1.3475-1.3470

EUR/USD EUR/USD extends its losing streak for the third successive session, trading around 1.1240 during the Asian hours on Thursday. The preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures Prices QoQ, and Initial Jobless Claims, scheduled to be released later in the day. GBP/USD GBP/USD pared further gains on Wednesday, stumbling for a second straight session and easing back below 1.3500 after a failed attempt to recapture 1.3600 earlier this week. Sterling markets are pulling back from the top

EUR/USD EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday. The pair depreciates as the US Dollar draws support and as US yields depreciate following Japan’s indication of potential cuts in government debt issuance, which has boosted global bond markets. GBP/USD The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling on the economic signs in the United States. Data released by the Conference

EUR/USD EUR/USD begins the week on the front foot but trims some of its earlier gains after hitting a four-week high of 1.1420, sponsored by US President Donald Trump’s reversal on his decision to enact tariffs on the European Union (EU) on June 1. At the time of writing, the major currency trades at 1.1390, up 0.20%. GBP/USD GBP/USD extends its winning streak for the third successive session, trading around 1.3570 during the Asian hours on Tuesday. The pair is hovering near

EUR/USD EUR/USD consoldiates latest gains above 1.1400 in the European morning on Monday. The pair draws support from persistent US Dollar weakness and US President Donald Trump’s extension of the 50% tariff deadline on the European Union (EU) until July 9.  GBP/USD GBP/USD is holding the uptick to fresh three-year highs of 1.3594 in early Europe on Monday. The unabated US Dollar selling underpins the pair despite a cautious market mood. The UK and US markets are closed on Monday, extending the thin trading conditions.  USD/JPY The Japanese Yen

EUR/USD EUR/USD recovers its recent losses posted in the previous session, trading around 1.1310 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles due to a drop in US Treasury yields, which continue to depreciate after the 30-year US bond yield pulled back from 5.15%, the highest in 19 months. GBP/USD GBP/USD treaded water on Thursday, marking in a tight circle just north of the 1.3400 handle as global market sentiment suffers knock-on effects from a

EUR/USD EUR/USD is keeping its range above 1.1300 in the European morning on Thursday. The pair takes a breather ahead of a bunch of critical business PMI and sentiment data from Eurozone and Germany. However, broad US Dollar weakness could keep the major supported. US PMI also awaited.  GBP/USD GBP/USD defends minor bids while trading above 1.3400 in early Europe on Thursday. The pair benefits from the ongoing Dollar weakness,on fiscal concerns. Atention now turns towards the preliminary business PMI data from the UK and