EUR/USD The EUR/USD pair climbs to near 1.1675 during the early European session on Monday. The Euro strengthens against the US Dollar due to a potential meeting between US President Donald Trump and Russian President Vladimir Putin on Friday to end sanctions. Traders await the US Consumer Price Index data for July, which is due later on Tuesday. GBP/USD The GBP/USD pair kicks off the new week on a subdued note and consolidates its recent goodish recovery gains from the 1.3140 area, or the lowest
EUR/USD EUR/USD remains steady after registering gains in the previous three successive sessions, trading around 1.1660 during the Asian hours on Friday. The pair may regain its ground as the US Dollar could struggle as markets are pricing in nearly a 93% possibility of a 25 basis point cut at the Fed’s September meeting. GBP/USD The GBP/USD pair posts modest losses near 1.3440 during the Asian trading hours on Friday. The US Dollar strengthens against the Pound Sterling after Federal Reserve Governor Christopher Waller
EUR/USD EUR/USD is posting small gains above 1.1650 in the European morning on Thursday, helped by a sustained weakness in the US Dollar. The Greenback suffers from intensifying rate cut bets, concerns over Trump’s tariff threats and the Fed’s independence. Mixed German industrial and trade figures fail to provide a fresh boost to the Euro. GBP/USD GBP/USD is grinding higher toward 1.3400 in the European trading hours on Thursday. The pair sees some repositioning trades ahead of the expected interest rate cut by
EUR/USD The EUR/USD pair trades in a tight range around 1.1570 during the Asian trading session on Wednesday. The major currency pair consolidates as the US Dollar wobbles, with investors awaiting the announcement of the Federal Reserve’s Chair, and Governor Adriana Kugler’s replacement, who resigned last week. GBP/USD The GBP/USD pair trades on a positive note near 1.3305 during the Asian trading hours on Wednesday. The Greenback softens against the Pound Sterling as traders await US President Donald Trump’s pick for a vacancy
EUR/USD EUR/USD extends its losses for the second consecutive day, trading around 1.1560 during the Asian hours on Tuesday. The pair depreciates as the US Dollar gains ground following traders’ caution, driven by the latest global trade developments and shifting expectations for monetary policy. GBP/USD The GBP/USD pair trades on a flat note near 1.3280 during the Asian trading hours on Tuesday. Nonetheless, rising odds of Federal Reserve rate cuts could weigh on the US Dollar against the Cable. Investors will keep an eye
EUR/USD EUR/USD depreciates after registering around 1.5% gains in the previous session, trading around 1.1560 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) recovers its losses of the prior trading day. GBP/USD The GBP/USD pair struggles to capitalize on Friday’s solid bounce from the 1.3140 area, or its lowest level since May 12, and kicks off the new week on a softer note. Spot prices currently trade around the 1.3265-1.3260 region, though the downside seems
EUR/USD EUR/USD remains steady after mild gains registered in the previous session, trading around 1.1420 during the Asian hours on Friday. The pair holds ground ahead of the Eurozone Harmonized Index of Consumer Prices data due later in the day. Traders will shift their focus toward the United States Nonfarm Payrolls due later in the North American session. GBP/USD The GBP/USD pair extends the decline to near 1.3195 during the Asian trading hours on Friday. The Pound Sterling edges lower against the Greenback due to rising expectations
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