finance

EUR/USD EUR/USD holds gains after registering more than three-quarters of a percent in the previous session, trading around 1.1630 during the Asian hours on Tuesday. The pair holds ground as the US Dollar faces challenges amid concerns over Federal Reserve independence after the US President Donald Trump threatened to remove Fed Governor Lisa Cook. GBP/USD The GBP/USD pair edges lower to near 1.3450 during the early European session on Tuesday. The potential downside for the major pair might be limited after US President Donald Trump announced

EUR/USD The EUR/USD pair holds onto Friday’s gains slightly above 1.1700 during the early European trading session on Monday. The major currency pair demonstrates strength as the US Dollar has come under pressure, following comments from Federal Reserve Chair Jerome Powell that the central bank has opened the door for interest rate cuts amid growing labor market concerns. GBP/USD The GBP/USD pair faces some selling pressure around 1.3495 during the Asian session on Monday. The major pair edges lower amid the renewed US Dollar demand. However,

EUR/USD The EUR/USD pair attracts some sellers to around 1.1595 during the Asian trading hours on Friday, pressured by a rebound in the US Dollar. The German Gross Domestic Product for the second quarter is due later on Friday. The attention will shift to the Federal Reserve Chair Jerome Powell’s speech, with traders paring back wagers on an imminent interest-rate cut. GBP/USD GBP/USD moves little after four days of losses, trading around 1.3410 during the Asian hours on Friday. The pair faced challenges as

EUR/USD EUR/USD edges lower after registering slight gains in the previous session, trading around 1.1640 during the Asian hours on Thursday. The Euro depreciates against the US Dollar ahead of HCOB Purchasing Managers’ Index data from Germany and the Eurozone. GBP/USD The GBP/USD pair drifts lower to around 1.3450 during the Asian trading hours on Thursday, pressured by a modest rebound in the US Dollar. Traders await the preliminary reading of S&P Global PMI reports for August from the UK and the US, which are

EUR/USD The EUR/USD pair extends the decline to near 1.1635 during the early European trading hours on Wednesday. The US Dollar (USD) strengthens against the Euro (EUR) as traders await the Federal Reserve’s (Fed) annual Jackson Hole symposium later on Friday for clues on the US interest rate path. GBP/USD GBP/USD eased lower on Tuesday, edging back below 1.3500 as Cable traders await a reason to make a move. The trading week opened up with little of note on the economic data docket, leaving

EUR/USD EUR/USD remains subdued for the second successive session, trading around 1.1660 during the Asian hours on Tuesday. The pair struggles as the US Dollar receives support from positive signals toward a possible resolution of the Ukraine-Russia war, following the Trump-Zelenskyy summit on Tuesday. GBP/USD The GBP/USD pair trades on a softer note near 1.3500 during the early European session on Tuesday. The US Dollar posts modest gains against the Pound Sterling as traders pared bets on a rate cut at the US Federal Reserve September 16-17

EUR/USD EUR/USD inches lower after registering around 0.5% gains in the previous session, trading around 1.1710 during the Asian hours on Monday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern. GBP/USD The GBP/USD pair loses ground to near 1.3555 during the Asian session on Monday, pressured by a firmer US Dollar. Markets turn cautious ahead of a meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy later

EUR/USD EUR/USD moves little after two days of losses as the US Dollar (USD) experiences a technical recovery, trading around 1.1700 during the Asian hours on Thursday. Traders await Eurozone Gross Domestic Product (GDP) data for the second quarter due later in the day. Focus will shift toward the US Producer Price Index (PPI) data and weekly Initial Jobless Claims later in the North American session. GBP/USD The GBP/USD pair trades on a flat note around 1.3575 during the Asian trading hours on Thursday.

EUR/USD The EUR/USD pair gains momentum to around 1.1685 during the Asian trading hours on Wednesday. The US Dollar weakens against the Euro amid rising bets of a Federal Reserve rate cut in September. The speeches from Fed officials will be in the spotlight later on Wednesday, with Austan Goolsbee and Raphael Bostic set to speak. GBP/USD GBP/USD remains steady after registering 0.5% gains in the previous session, trading around 1.3500 during the Asian hours on Wednesday. The pair further appreciates as

EUR/USD EUR/USD edges higher after registering losses in the previous two successive sessions, trading around 1.1620 during the Asian hours on Tuesday. The pair may further appreciate as the Euro (EUR) could receive support amid improving market sentiment ahead of the upcoming United States (US)-Russia meeting on Friday. GBP/USD GBP/USD keeps its range near 1.3450 in the European trading hours on Tuesday. The mixed UK labor data fails to have little impact on the Pound Sterling. Meanwhile, the US Dollar consolidates its recent recovery,