market reports

EUR/USD EUR/USD consolidates the latest recovery near 1.1450 in the European session on Thursday. The pair draws support from a decent US Dollar pullback across the board amid uncertainty over US-China trade talks. Traders resort to repositioning ahead of the German and US inflation data.  GBP/USD GBP/USD keeps the green near 1.3250 in European trading on Thursday, reversing a part of Wednesday’s decline to two-month lows. The renewed downside in the US Dollar allows a tepid bounce in the pair but traders

EUR/USD The EUR/USD resumed its downtrend for the second straight day as market participants digest softer-than-expected economic data from the United States (US). This and the trade agreement of the European Union (EU) and the US boosted the Dollar and weighed on the Euro, which posted a loss of more than 1.30% on Monday, the biggest since December 2024. The pair hovers around 1.1550, down 0.33% daily. GBP/USD GBP/USD found some balance on Tuesday, pumping the brakes on an extended backslide but falling

EUR/USD EUR/USD moves little after registering more than 1% losses in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar rose on trade optimism, driven by the trade deal between the United States and the European Union. GBP/USD The GBP/USD pair extends its losing streak for the fourth successive session, trading around 1.3340 during the Asian hours on Tuesday. The bearish bias prevails as the daily chart’s technical analysis suggests that the pair remains

EUR/USD EUR/USD kicks off the new week on a positive note and climbs to the 1.1770 area during the Asian session in reaction to the optimism over a trade deal between the US and the European Union. Spot prices, however, struggle to capitalize on the strength as traders opt to move to the sidelines ahead of the FOMC meeting starting Tuesday. GBP/USD The GBP/USD pair posts modest gains near 1.3440 during the Asian trading hours on Monday. The latest optimism fueled by a trade deal between

EUR/USD The EUR/USD pair ticks lower for the second consecutive day on Friday and moves away from a nearly three-week top touched the previous day. Spot prices, however, lack follow-through selling and currently trade around the 1.1740 region, down less than 0.10% for the day. GBP/USD GBP/USD struggles to hold its ground and trades slightly below 1.3500 in the European session on Friday. The data from the UK showed that Retail Sales rose at a softer pace than expected in June, making it

EUR/USD EUR/USD enters a bullish consolidation mode above 1.1750 in early Europe on Thursday. Traders refrain from placing fresh bets ahead of the EU and US preliminary PMI data and the European Central Bank policy announcements. The ECB is widely expected to hold policy rates in July amid the US-EU trade deal uncertainty.  GBP/USD GBP/USD posts modest gains while heading toward 1.3600 in the European morning on Thursday. The pair maintains its position near two-week highs as the US Dollar remains subdued amid risk-on sentiment,

EUR/USD EUR/USD pulls back from two-week highs of 1.1761 reached on Tuesday, approaching 1.1700 in the early European hours on Wednesday. The pair loses ground as the US Dollar finds demand on trade optimism. US President Trump announced a trade deal with Japan that includes 15% tariffs on Japanese imports.  GBP/USD The GBP/USD pair extends the rally to near 1.3525 during the early European session on Wednesday. The risk-on mood provides some support to the riskier currency, like the Pound Sterling (GBP). Investors will

EUR/USD The EUR/USD pair clings to gains made on Monday around 1.1700 during the Asian trading session on Tuesday. The major currency pair strengthens as the US Dollar (USD) corrects sharply, following a fresh escalation in trade tensions between the United States (US) and the European Union (EU). GBP/USD The British Pound (GBP) is staging a modest rebound against the US Dollar (USD) on Tuesday, with GBP/USD trading around the 1.3480 mark during the American trading session. The upside in Sterling comes as the

EUR/USD The EUR/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band through the Asian session. Spot prices currently trade around the 1.1625 area, nearly unchanged for the day, amid mixed cues. The uncertainty over the Federal Reserve’s rate-cut path keeps the US Dollar on the defensive. GBP/USD The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, just above the 1.3400 round figure during the Asian session. Meanwhile,

EUR/USD EUR/USD recovers its recent losses registered in the previous day, trading around 1.1630 during the Asian hours on Friday. The pair appreciates as the US Dollar loses ground amid easing risk sentiment following the dovish remarks from Federal Reserve officials. GBP/USD GBP/USD gains ground after registering small losses in the previous session, trading around 1.3440 during the Asian hours on Friday. The pair appreciates as the US Dollar edges lower due to dovish remarks from the Federal Reserve officials. USD/JPY The Japanese Yen (JPY) ticks