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EUR/USD On Friday, the euro maintains its upward trend in the second half of the week, pushing EUR/USD to the 1.1230 level.  Today, the market is focusing on Christine Lagarde’s speech, the European Central Bank’s president. GBP/USD From early Friday, GBP/USD was down at a daily range of 1.3279 – 1.3325. USD/JPY The USD/JPY pair was last seen hovering around the 114.70-65 region, near the lower end of its daily trading range. AUD/USD The AUD/USD pair while taking offers around 0.7135, was down 0.78% during Friday morning in

EURO/USD During the early Asian session on Wednesday, the EUR/USD struggled to maintain its recovery from a 16-month low and was trading around 1.1250. GBP/USD GBP/USD is still under pressure around 1.3370, fading the early Asian recovery from the yearly low ahead of Wednesday’s London open. The pair appears to be struggling with Brexit headlines and mixed concerns. Traders on the other hand, remain sceptical ahead of a slew of US data/events set to be released later in the day, such as the

EURO/USD The pair was trading at 1.1268 around 9am today, down 0.16%, while the U.S. dollar is gaining ground against a broad basket of currencies. GBP/USD The currency pair is recovering losses near 1.3445 this morning after hitting intraday lows of 1.3428 earlier. Despite this, further gains appear elusive in the face of a stronger US dollar and ongoing Brexit concerns. USD/JPY As US Treasury yields rebound across the curve ahead of this week’s Fed minutes, the USD/JPY was trading above 114.00 this morning, looking

EURO/USD The EUR/USD currency pair is moving higher than yesterday levels. At the time of the writing the rate was fluctuating around 1.13060. GBP/USD GBP/USD holds the higher ground on a big beat on the UK Retail Sales, trading from Friday morning at 1.3500, up 0.09% on the day. USD/JPY On Friday, the USD/JPY is hovering around the 114.00 level. The currency pair has done slightly better as a result of higher 10-year US Treasury Yields, which are currently trading at 1.59 percent. AUD/USD The AUD/USD pair is

EUR/USD The EUR/USD pair is above 1.1300, having stalled its recovery from 16-month lows of 1.1264, as Treasury yields recover, lifting demand for the greenback across the board.  GBP/USD GBP/USD eases from its weekly high of 1.3485 to 1.3485 early Thursday, remaining within a 20-pip range. The cable pair thus consolidates its largest daily gain in over a week, despite cautious sentiment over Brexit concerns and a sluggish Asian session. USD/JPY As Tokyo opened for trading on Thursday, the USD/JPY rose to an intraday high

EURO/USD EUR/USD is struggling to extend the recovery from a new 16-month lows of 1.1264, currently battling 1.1300, as the US dollar clings onto the recent upside. The main currency pair extended its losing streak into a sixth straight session on Wednesday, having witnessed a sharp 40-pips sell-off on a breach of the 1.1300 psychological level. GBP/USD The GBP/USD pair shot to one-week highs, around the 1.3470-75 region in reaction to hotter UK consumer inflation figures, though quickly retreated a few pips thereafter. USD/JPY On

EURO/USD Going into Tuesday’s European session, the EUR/USD is struggling to continue its recovery from a 16-month low. However, the quotation had slid to a new low since July 2020 the day before, before rebounding off 1.1359 in early Asia. GBP/USD In response to mainly favourable UK job data, the GBP/USD pair reset daily tops in the mid-1.3400s, but there was no follow-through buying. USD/JPY The USD/JPY pair built on the previous day’s positive move from the 113.75 area and gained some follow-through traction during

EURO/USD At 1.1420, the EUR/USD has hit a four-month low. On Monday, the pair appeared to have entered a consolidation period above 1.1450, but Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, believes the EUR/USD will resume its decline towards the 1.1366 mark. GBP/USD During Asian hours on Monday, the GBP/USD pair was trading at 1.3430, extending last week’s gains as investors seek for evidence of a Bank of England (BOE) rate hike. USD/JPY Throughout the Asian session, the USD/JPY pair seesawed between

EUR/USD EUR/USD seems to have gone into a consolidation phase a little above mid-1.1500s after dropping toward 1.1500 on Thursday. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to stage a minor bounce towards the 1.1675 downtrend. GBP/USD GBP/USD suffered heavy losses following the Bank of England’s decision to leave its policy rate unchanged last week. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, notes that the cable could plummet to 1.3165 on a break below

EUR/USD FX Strategists at UOB Group noted that a surpass of 1.1655 should alleviate the downside pressure in EUR/USD. GBP/USD GBP/USD snaps three-day uptrend, sellers attack intraday low of late. UK’s Frost again warns EU over NI protocol, brands US President Biden as no more than an “interested observer”. UK PM Johnson eyes post-covid economy guide during first annual Conservatives meet since 2019. Fears over China financial markets, anxiety over US stimulus, debt ceiling favor USD strength ahead of the key PMIs. USD/JPY Extra gains in USD/JPY seem