market reports

EUR/USD EUR/USD extends its winning streak that began on June 18, trading around 1.1700 during the Asian hours on Friday. The EUR/USD pair continues to gain ground as the US Dollar faces challenges due to renewed concerns over the US Federal Reserve’s independence. GBP/USD The GBP/USD pair holds positive ground near 1.3735 during the Asian trading hours on Friday. The prospect of Trump announcing the next Fed Chair weighs on the US Dollar against the Pound Sterling. The US Personal Consumption Expenditures – Price Index data

EUR/USD The EUR/USD pair extends its upside to near 1.1690 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Euro (EUR) as investors are concerned about the future independence of the US Federal Reserve (Fed). The final US Q1 Gross Domestic Product (GDP) Growth Rate will be in the spotlight later on Thursday.  GBP/USD GBP/USD gained more ground as the US Dollar waffles across the board, extending into a third straight day of firm gains and clipping its highest

EUR/USD The EUR/USD pair edges higher to around 1.1615 during the early European session on Wednesday. The improved risk sentiment provides some support to the Euro against the Greenback. Traders will take more cues from the Federal Reserve’s Chair Jerome Powell testifies later on Wednesday. GBP/USD GBP/USD extends its winning streak for the third successive session, trading around 1.3620 during the Asian hours on Wednesday. The pair is hovering around 1.3648, the highest since February 2022, which was recorded on Tuesday. The risk-sensitive GBP/USD pair receives

EUR/USD The Euro (EUR) advances against the US Dollar (USD) on Monday, despite the market mood remaining downbeat amid the Middle East crisis. Worse than expected HCOB Flash PMIs in the Eurozone barely weighed in the shared currency, while German PMIs showed a slight improvement, though they remained in contractionary territory. At the time of writing, EUR/USD trades at 1.1567, up 0.40%. GBP/USD GBP/USD gained ground on Monday, lurching higher after the US chose to get directly involved in the spiraling Israel-Iran

EUR/USD The EUR/USD pair softens to around 1.1480 during the early Asian session on Monday. The Greenback edges higher against the Euro (EUR) as US President Donald Trump’s decision to join Israel’s war against Iran sharply escalates the conflict. Traders will closely monitor the developments surrounding the Middle East conflict.  GBP/USD The GBP/USD pair extends the decline to around 1.3405 during the Asian trading hours on Monday. The fears that Iran would retaliate against US attacks on its nuclear sites boost the safe-haven flows,

EUR/USD EUR/USD continues its winning streak for the third successive day, holding firm above 1.1500 in the European session on Friday. The pair stands tall as the US Dollar loses ground, possibly driven by a technical pullback and receding fears over a likely US military attack on Iran. Geopolitics remain in focus.  GBP/USD GBP/USD pares gains while trading under 1.3500 in European trading on Friday. The pair stalls its upside after the Pound Sterling faces headwinds from the downbeat UK Retail Sales data for

EUR/USD The EUR/USD pair extends the decline to near 1.1465 during the Asian session on Thursday. The Euro weakens against the Greenback amid the risk-off mood due to rising geopolitical tensions in the Middle East. Traders await the speeches from the European Central Bank policymakers later on Thursday for fresh impetus. GBP/USD GBP/USD remains subdued for the third consecutive session, trading around 1.3410 during the Asian hours on Thursday. The pair faces challenges as the US Dollar gains ground amid increased safe-haven demand, driven

EUR/USD The EUR/USD pair attracts some buyers to around 1.1500 during the Asian trading hours on Wednesday. A slew of downbeat US economic data weigh on the Greenback. However, escalating Israel-Iran tensions might cap the upside for the major pair. The US Federal Reserve rate decision will be closely watched later on Wednesday.  GBP/USD GBP/USD edges higher after registering over 1% losses in the previous day, trading around 1.3440 during the Asian hours on Wednesday. Traders will focus on the UK Consumer Price Index data for May,

EUR/USD EUR/USD recovered after posting a loss of 0.25% last Friday, as hostilities between Israel and Iran began, which boosted the Greenback’s appeal. Nevertheless, with both parties set to continue exchanging blows and a slightly diminished risk of turning into a regional conflict, an improvement in risk appetite underpins the shared currency. GBP/USD GBP/USD continues to churn chart paper on the high end of 40-month peaks, cycling the 1.3600 region as Cable traders enjoy a continued boost. Greenback flows continue to wither across

EUR/USD The EUR/USD pair trades with a mild negative bias below mid-1.1500s through the Asian session on Monday amid a modest US Dollar uptick, though it lacks bearish conviction. Traders now look to the crucial FOMC policy decision on Wednesday before placing fresh directional bets. GBP/USD The GBP/USD pair has recovered its daily losses, trading around 1.3570 during the Asian hours on Monday. The bullish bias may weaken as the daily chart’s technical analysis indicates that the pair is hovering around the ascending channel pattern. USD/JPY The