InterstellarFX

EUR/USD EUR/USD remains steady following recent gains registered in the previous session, trading around 1.0300 during the Asian hours on Wednesday. The pair received support as the market sentiment is improved due to recent reports about US President-elect Donald Trump’s economic team considering a gradual increase in import tariffs boosted investor confidence, per Bloomberg. GBP/USD GBP/USD struggles to capitalize on this week’s modest bounce from a multi-year low. Stagflation fears and UK fiscal concerns undermine the GBP and weigh on the major. Subdued

EUR/USD The EUR/USD pair halts its five-day losing streak, trading around 1.0250 during Tuesday’s Asian session. A closer look at the daily chart suggests a continued bearish trend, with the pair moving lower within a descending channel pattern. GBP/USD GBP/USD breaks its five-day losing streak, rebounding from its 15-month low of 1.2099, recorded on Monday. The GBP/USD pair remains above 1.2200 during the Asian trading hours on Tuesday as the Pound Sterling (GBP) gains ground amid improved investor confidence. USD/JPY USD/JPY is taking a breather

EUR/USD The EUR/USD pair trades in negative territory for the fifth consecutive day around 1.0215 during the early Asian session on Monday. The US Dollar (USD) gathered strength on the upbeat US employment data for December, which is likely to support the US Federal Reserve’s (Fed) stance to keep interest rates steady in January.  GBP/USD GBP/USD has come under intense selling pressure and approaches 1.2100 in the late Asian session. The pair bears the brunt of unabated US Dollar demand as risk-off flows

EUR/USD The EUR/USD pair trades with a mild negative bias around 1.0300 during the Asian trading hours on Friday. The Federal Reserve’s (Fed) move to delay the interest rate cut continues to lift the Greenback and exert some selling pressure on the major pair. Traders brace for the US December Nonfarm Payrolls (NFP) report, which is due later on Friday.  GBP/USD GBP/USD remains subdued for the fourth successive day, trading around 1.2300 during the Asian session on Friday. The GBP/USD pair dropped to

EUR/USD The EUR/USD pair trades in negative territory for the third consecutive day around 1.0310 during the early European session on Thursday. The downbeat German November Factory Orders and the expectation of aggressive rate cuts by the European Central Bank this year weigh on the Euro against the Greenback.  GBP/USD The GBP/USD pair remains under pressure for the third consecutive session, hovering near 1.2360 during Thursday’s Asian trading hours. Technical analysis of the daily chart highlights a prevailing bearish bias, with the pair falling back

EUR/USD The EUR/USD pair gains ground to near 1.0350 during the early European session on Wednesday. However, the potential upside of the major pair might be limited amid the prospects for slower interest rate cuts by the Federal Reserve in 2025.  GBP/USD The GBP/USD pair maintains its position after registering losses in the previous session, hovering around 1.2480 during Wednesday’s Asian hours. Technical analysis on the daily chart points to a weakening bearish trend, as the pair is trading above the upper boundary of a descending channel pattern. USD/JPY The Japanese

EUR/USD EUR/USD is trading with modest gains at around 1.0400 in the European trading hours on Tuesday. The sustained US Dollar weakness and profit-taking ahead of the Eurozone inflation data underpin the pair. US ISM Services PMI and Job Openings data are also awaited.  GBP/USD GBP/USD keeps its bid tone intact, eyeing 1.2550 in Tuesday’s European morning. The pair’s advance is driven by a broadly subdued US Dollar but the further upisde could be capped by a mixed market mood heading into the US

EUR/USD EUR/USD is consolidating its recovery below 1.0300 in the European morning on Friday. The pair breathes a sigh of relief as the US Dollar rally stalls even as markets stay cautious amid geopolitical risks and Trump’s tariff plans. The focus remains on US ISM PMI data and central bank talks.  GBP/USD GBP/USD rebounds to test 1.2400 in the European session on Friday. A minor pullback in the US Dollar allows the pair to find some respite after having lost over 1% on