market reports

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

EUR/USD EUR/USD is deep in the red near 1.1500 in the European morning on Friday, extending the pullback from multi-year highs. The pair tumbles as the US Dollar receives support from increased safe-haven demand, sparked by Israel’s attack on Iran’s nuclear facility. Iran has vowed retaliation.  GBP/USD The GBP/USD pair loses ground to near 1.3530 during the early European session on Friday. The Pound Sterling weakens against US Dollar due to heightened risk aversion, fuelled by geopolitical tensions in the Middle East. Investors now await Iran’s

EUR/USD The EUR/USD pair extends its weekly uptrend and climbs to the 1.1530 area or the highest level since April 22 during the Asian session on Thursday. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices is to the upside. GBP/USD GBP/USD found some bullish tailwinds on Wednesday, erasing the previous session’s gains and climbing back into the 1.3550 level. Cooler-than-expected US Consumer Price Index (CPI) inflation figures from the initial post-tariff reference period bolstered

EUR/USD EUR/USD loses ground after registering gains in the previous two consecutive sessions, trading around 1.1400 during the Asian hours on Wednesday. The pair depreciates as the US Dollar receives support from easing tariff tensions between the United States and China. GBP/USD The GBP/USD pair extends the decline to around 1.3475 during the Asian trading hours on Wednesday. The Pound Sterling weakens against the US Dollar due to a weaker UK employment report. Later on Wednesday, the attention will shift to the US May Consumer Price Index inflation. USD/JPY The Japanese

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s move higher and attracts fresh sellers near the 1.1435 region during the Asian session on Tuesday. The intraday slide is sponsored by a goodish pickup in the US Dollar (USD) demand and drags spot prices back below the 1.1400 round figure in the last hour. GBP/USD GBP/USD Held steady within recent consolidation on Monday, testing the waters near 1.3550. Cable traders are bracing for a fast one-two punch of UK and