market reports

EUR/USD The EUR/USD pair trades in a limited range around 1.1440 during Asian trading hours on Friday. The major currency pair consolidates as investors await the United States Nonfarm Payrolls data for May, which will be published at 12:30 GMT. GBP/USD GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. The pair is trading around 1.3570, with little moves ahead of labor market data from the United States. USD/JPY The Japanese Yen (JPY) builds on its steady intraday descent, which, along

EUR/USD The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank’s (ECB) interest rate decision announcement at 12:15 GMT. GBP/USD GBP/USD caught a bid on Wednesday, paring the previous day’s losses and keeping price action on the high side of recent congestion. Bids remain pinned firmly above 1.3500 with key US Nonfarm Payrolls data looming ahead later

EUR/USD EUR/USD retreats after hitting a six-week peak of 1.1454 on Tuesday amid increasing concerns of market participants regarding the trade war ignited by the United States (US). The Greenback’s appreciation weighs on the pair, which trades at 1.1379, down 0.52%. GBP/USD GBP/USD trimmed bullish momentum on Tuesday, settling into slim chart churn just north of 1.3500. The Bank of England’s (BoE) latest Monetary Policy Report hearings before British parliament did little to galvanize Cable traders, and market sentiment is pinned in

EUR/USD The EUR/USD pair attracts some buyers to around 1.1370 during the early European session on Monday. The US Dollar weakens against the Euro amid the renewed trade war tensions. US President Donald Trump said on Friday that he planned to double import tariffs on steel and aluminum.  GBP/USD GBP/USD looks to build on intraday strength beyond the 1.3500 mark as Fed rate hike bets and US fiscal concerns prompt fresh USD selling. Also, speculations that the BoE would pause at its next meeting

EUR/USD The EUR/USD pair attracts some buyers to around 1.1370 during the early European session on Monday. The US Dollar weakens against the Euro amid the renewed trade war tensions. US President Donald Trump said on Friday that he planned to double import tariffs on steel and aluminum.  GBP/USD GBP/USD looks to build on intraday strength beyond the 1.3500 mark as Fed rate hike bets and US fiscal concerns prompt fresh USD selling. Also, speculations that the BoE would pause at its next meeting

EUR/USD The EUR/USD pair struggles to capitalize on the previous day’s solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday. Spot prices currently hover around the mid-1.1300s, down nearly 0.15% for the day, though the downside remains cushioned. GBP/USD The GBP/USD pair attracts fresh sellers following the previous day’s goodish rebound from the 1.3415 area amid a modest US Dollar uptick. Spot prices currently trade around the 1.3475-1.3470

EUR/USD EUR/USD extends its losing streak for the third successive session, trading around 1.1240 during the Asian hours on Thursday. The preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures Prices QoQ, and Initial Jobless Claims, scheduled to be released later in the day. GBP/USD GBP/USD pared further gains on Wednesday, stumbling for a second straight session and easing back below 1.3500 after a failed attempt to recapture 1.3600 earlier this week. Sterling markets are pulling back from the top

EUR/USD EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday. The pair depreciates as the US Dollar draws support and as US yields depreciate following Japan’s indication of potential cuts in government debt issuance, which has boosted global bond markets. GBP/USD The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling on the economic signs in the United States. Data released by the Conference

EUR/USD EUR/USD begins the week on the front foot but trims some of its earlier gains after hitting a four-week high of 1.1420, sponsored by US President Donald Trump’s reversal on his decision to enact tariffs on the European Union (EU) on June 1. At the time of writing, the major currency trades at 1.1390, up 0.20%. GBP/USD GBP/USD extends its winning streak for the third successive session, trading around 1.3570 during the Asian hours on Tuesday. The pair is hovering near

EUR/USD EUR/USD consoldiates latest gains above 1.1400 in the European morning on Monday. The pair draws support from persistent US Dollar weakness and US President Donald Trump’s extension of the 50% tariff deadline on the European Union (EU) until July 9.  GBP/USD GBP/USD is holding the uptick to fresh three-year highs of 1.3594 in early Europe on Monday. The unabated US Dollar selling underpins the pair despite a cautious market mood. The UK and US markets are closed on Monday, extending the thin trading conditions.  USD/JPY The Japanese Yen