market reports

EUR/USD The EUR/USD pair loses momentum to near 1.1580 during the early European session on Tuesday. The Euro (EUR) weakens against the Greenback as escalating geopolitical tensions in the Middle East drive traders toward a safe-haven currency.  GBP/USD GBP/USD rallied about 0.5% on Monday, recovering from an early dip near 1.3260 to trade around 1.3430 by the end of the session. The wide-range day left a long lower wick, suggesting fresh demand emerged below the 1.3300 handle as the pair extended its recovery

EUR/USD The EUR/USD pair is down 0.2% to near 1.1545 during the late Asian trading session on Monday. The major currency pair is under pressure as the US Dollar (USD) gains amid an increase in demand for safe-haven assets due to escalating conflicts in the Middle East. GBP/USD The GBP/USD pair holds losses near 1.3335 during the Asian trading hours on Monday, pressured by a stronger US Dollar (USD). Escalating conflict in the Middle East pushed Brent crude oil prices above $100 per

EUR/USD According to MUFG’s Derek Halpenny, the ECB’s communication and achievement of its price stability goal leave it in a relatively better position than the BoE, but he is sceptical that higher front-end Euro yields will sustain Euro strength. With DXY correlations shifting from yield spreads to Brent, he continues to see EUR/USD downside risks tied to conflict-related Oil dynamics. GBP/USD GBP/USD retreats on Friday, trading around 1.3380 at the time of writing, down 0.39% on the day, after Thursday’s strong rally

EUR/USD The EUR/USD pair trades 0.15% higher to near 1.1470 in the early European session on Thursday. The major currency pair gains as the Euro (EUR) rises against its major currency peers, except antipodeans, ahead of the European Central Bank’s monetary policy announcement at 13:15 GMT. GBP/USD The GBP/USD pair gathers strength near 1.3290 during the early European trading hours on Thursday. However, the potential upside for the major pair might be limited amid the ongoing conflict in the Middle East and

EUR/USD The EUR/USD pair struggles to capitalize on this week’s goodish recovery move from the 1.1415-1.1410 area, or its lowest level since August 2025, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade just below mid-1.1500s, nearly unchanged for the day, as traders opt to wait for the key central bank event risks before placing fresh directional bets. GBP/USD The Pound Sterling (GBP) extends its winning streak against the US Dollar (USD) for the third

EUR/USD The EUR/USD pair trades in negative territory around 1.1490 during the early European session on Tuesday. The US Dollar (USD) strengthens against the Euro (EUR) as surging oil prices due to the US and Israel’s war on Iran have made traders more worried about inflation, triggering a sharp repricing of Federal Reserve (Fed) rate outlooks. The Fed and the European Central Bank (ECB) interest rate decisions will be in the spotlight later this week.  GBP/USD GBP/USD inches lower after registering nearly 0.75

EUR/USD The EUR/USD pair recovers some lost ground to near 1.1450 during the Asian trading hours on Monday. Nonetheless, the potential upside for the major pair might be limited, as escalating conflict in the Middle East could boost safe-haven currencies such as the US Dollar (USD) against the Euro (EUR).  GBP/USD The GBP/USD pair gains momentum around 1.3255 during the early European session on Monday, bolstered by a weaker US Dollar (USD). The major pair currently trades near its lowest since December 2025.

EUR/USD The EUR/USD pair resumes the downside, breaking below 1.1500 in the early European hours on Friday to trade at levels last seen in November 2025, as the US Dollar (USD) finds fresh haven demand in a risk-averse environment. The Iran war has no end in sight, with tensions escalating on a daily basis. The latest on the matter shows the Strait of Hormuz remains closed by Iranian forces, while the new Supreme Leader, Mojtaba Khamenei, stated that the Strait should

EUR/USD EUR/USD extends its losses for the third successive session, trading around 1.1540 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts. GBP/USD The Pound Sterling (GBP) remains firm during the North American session on Wednesday, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the Greenback’s prospects, yet

EUR/USD Danske Research Team observes that EUR/USD is little changed below 1.1650, with 2‑year Bund and US Treasury yields slightly lower. The bank forecasts US February CPI at 2.5% year‑on‑year for both headline and core, marginally above consensus, but does not expect this to materially alter current market pricing for the Dollar or rates. GBP/USD GBP/USD rose to 1.3450 on Wednesday. Expectations of de-escalation in the Middle East supported the pound, as lower oil prices reduced inflationary risks for the British economy,