market reports

EUR/USD EUR/USD moves little after two days of losses as the US Dollar (USD) experiences a technical recovery, trading around 1.1700 during the Asian hours on Thursday. Traders await Eurozone Gross Domestic Product (GDP) data for the second quarter due later in the day. Focus will shift toward the US Producer Price Index (PPI) data and weekly Initial Jobless Claims later in the North American session. GBP/USD The GBP/USD pair trades on a flat note around 1.3575 during the Asian trading hours on Thursday.

EUR/USD The EUR/USD pair gains momentum to around 1.1685 during the Asian trading hours on Wednesday. The US Dollar weakens against the Euro amid rising bets of a Federal Reserve rate cut in September. The speeches from Fed officials will be in the spotlight later on Wednesday, with Austan Goolsbee and Raphael Bostic set to speak. GBP/USD GBP/USD remains steady after registering 0.5% gains in the previous session, trading around 1.3500 during the Asian hours on Wednesday. The pair further appreciates as

EUR/USD EUR/USD edges higher after registering losses in the previous two successive sessions, trading around 1.1620 during the Asian hours on Tuesday. The pair may further appreciate as the Euro (EUR) could receive support amid improving market sentiment ahead of the upcoming United States (US)-Russia meeting on Friday. GBP/USD GBP/USD keeps its range near 1.3450 in the European trading hours on Tuesday. The mixed UK labor data fails to have little impact on the Pound Sterling. Meanwhile, the US Dollar consolidates its recent recovery,

EUR/USD The EUR/USD pair climbs to near 1.1675 during the early European session on Monday. The Euro strengthens against the US Dollar due to a potential meeting between US President Donald Trump and Russian President Vladimir Putin on Friday to end sanctions. Traders await the US Consumer Price Index data for July, which is due later on Tuesday.  GBP/USD The GBP/USD pair kicks off the new week on a subdued note and consolidates its recent goodish recovery gains from the 1.3140 area, or the lowest

EUR/USD EUR/USD remains steady after registering gains in the previous three successive sessions, trading around 1.1660 during the Asian hours on Friday. The pair may regain its ground as the US Dollar could struggle as markets are pricing in nearly a 93% possibility of a 25 basis point cut at the Fed’s September meeting. GBP/USD The GBP/USD pair posts modest losses near 1.3440 during the Asian trading hours on Friday. The US Dollar strengthens against the Pound Sterling after Federal Reserve Governor Christopher Waller

EUR/USD EUR/USD is posting small gains above 1.1650 in the European morning on Thursday, helped by a sustained weakness in the US Dollar. The Greenback suffers from intensifying rate cut bets, concerns over Trump’s tariff threats and the Fed’s independence. Mixed German industrial and trade figures fail to provide a fresh boost to the Euro.  GBP/USD GBP/USD is grinding higher toward 1.3400 in the European trading hours on Thursday. The pair sees some repositioning trades ahead of the expected interest rate cut by

EUR/USD The EUR/USD pair trades in a tight range around 1.1570 during the Asian trading session on Wednesday. The major currency pair consolidates as the US Dollar wobbles, with investors awaiting the announcement of the Federal Reserve’s Chair, and Governor Adriana Kugler’s replacement, who resigned last week. GBP/USD The GBP/USD pair trades on a positive note near 1.3305 during the Asian trading hours on Wednesday. The Greenback softens against the Pound Sterling as traders await US President Donald Trump’s pick for a vacancy

EUR/USD EUR/USD extends its losses for the second consecutive day, trading around 1.1560 during the Asian hours on Tuesday. The pair depreciates as the US Dollar gains ground following traders’ caution, driven by the latest global trade developments and shifting expectations for monetary policy. GBP/USD The GBP/USD pair trades on a flat note near 1.3280 during the Asian trading hours on Tuesday. Nonetheless, rising odds of Federal Reserve rate cuts could weigh on the US Dollar against the Cable. Investors will keep an eye

EUR/USD EUR/USD depreciates after registering around 1.5% gains in the previous session, trading around 1.1560 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) recovers its losses of the prior trading day. GBP/USD The GBP/USD pair struggles to capitalize on Friday’s solid bounce from the 1.3140 area, or its lowest level since May 12, and kicks off the new week on a softer note. Spot prices currently trade around the 1.3265-1.3260 region, though the downside seems

EUR/USD EUR/USD remains steady after mild gains registered in the previous session, trading around 1.1420 during the Asian hours on Friday. The pair holds ground ahead of the Eurozone Harmonized Index of Consumer Prices data due later in the day. Traders will shift their focus toward the United States Nonfarm Payrolls due later in the North American session. GBP/USD The GBP/USD pair extends the decline to near 1.3195 during the Asian trading hours on Friday. The Pound Sterling edges lower against the Greenback due to rising expectations