finance

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

EUR/USD EUR/USD recovers its recent losses posted in the previous session, trading around 1.1310 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles due to a drop in US Treasury yields, which continue to depreciate after the 30-year US bond yield pulled back from 5.15%, the highest in 19 months. GBP/USD GBP/USD treaded water on Thursday, marking in a tight circle just north of the 1.3400 handle as global market sentiment suffers knock-on effects from a

EUR/USD EUR/USD is keeping its range above 1.1300 in the European morning on Thursday. The pair takes a breather ahead of a bunch of critical business PMI and sentiment data from Eurozone and Germany. However, broad US Dollar weakness could keep the major supported. US PMI also awaited.  GBP/USD GBP/USD defends minor bids while trading above 1.3400 in early Europe on Thursday. The pair benefits from the ongoing Dollar weakness,on fiscal concerns. Atention now turns towards the preliminary business PMI data from the UK and

EUR/USD EUR/USD is holding firm, eyeing 1.1350 early Wednesday on the back of a sharp sell-off in the US Dollar. Renewed trade jitters, along with fresh concerns about the US fiscal health, add further pressure on the Greenback. The focus now is on the ECB and Fed-speak.  GBP/USD GBP/USD gains traction and climbs toward 1.3450 in the European morning on Wednesday. The data from the UK showed that the annual CPI inflation jumped to 3.5% in April from 2.6% in March, surpassing the

EUR/USD EUR/USD tested into the high end on Monday, drifting briefly toward the 1.1300 handle before settling back slightly, although the pair still ended the day higher overall. However, Fiber remains trapped in a near-term consolidation zone. GBP/USD GBP/USD continues its upward momentum for the second consecutive session, hovering near 1.3360 during Asian trading hours on Tuesday. The Pound Sterling (GBP) is strengthening as the US Dollar (USD) softens in response to Moody’s Ratings downgrading the US credit rating from Aaa to Aa1. USD/JPY USD/JPY remains

EUR/USD EUR/USD rebounds from previous session losses, trading near 1.1190 during Monday’s Asian session. The pair gains strength as the US Dollar comes under pressure following Moody’s downgrade of the US credit rating by one notch—from Aaa to Aa1—citing rising debt levels and growing interest payment burdens. GBP/USD The GBP/USD pair recovered from prior session losses, trading near the 1.3300 level during Asian session on Monday. The rebound is largely driven by renewed pressure on the US Dollar (USD) after Moody’s Investors Service

EUR/USD EUR/USD has recovered its daily losses, trading around 1.1200 during the Asian hours on Friday. The pair receives support as the US Dollar (USD) weakens following the recent economic data released on Thursday. GBP/USD The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year. Traders will keep an eye on the