finance

EUR/USD EUR/USD is holding onto the latest gains below 1.0900 in the early European morning. The pair is capitalizing on broad US Dollar weakness amid a better mood and sluggish Treasury yields. Hawkish ECB-speak underpins the Euro ahead of EU PMis.  GBP/USD GBP/USD keeps its range below 1.2400, as bulls take a breather ahead of the key UK activity data. The renewed Brexit concerns and UK political jitters remain a drag on the Pound Sterling. The renewed US Dollar weakness keeps the downside

EUR/USD EUR/USD grinds lower around the intraday bottom as it pares the daily, as well as weekly, gains around the highest levels since April 2022 heading into Friday’s European session. GBP/USD The pair is displaying back-and-forth moves below 1.2400 in the Asian session. The Cable has turned sideways as investors are awaiting the release of the United Kingdom Retail Sales data for fresh impetus. USD/JPY The USD/JPY pair attracts some buyers on the last day of the week and steadily climbs back above the 129.00 mark during the

EUR/USD EUR/USD is moving back and forth in a tight range of around 1.0800 in early Europe. The pair is supported by falling US Treasury yields, which are weighing on the US Dollar amid looming recession fears. Traders await ECB Lagarde’s speech and policy accounts for a clear direction.  GBP/USD The GBP/JPY cross extends the previous day’s retracement slide from the 161.50 region, or a three-week high and remains under heavy selling pressure on Thursday. Spot prices snap a three-day winning streak and drop

EUR/USD EUR/USD stays on the bear’s radar as it slides to 1.0770 during the four-day south-run heading into Wednesday’s European session. In doing so, the major currency pair bears the burden of the broad US Dollar rebound, as well as receding hawkish bias over the European Central Bank’s (ECB) next move. GBP/USD Pound Sterling has been outperforming other risk-perceived currencies this week as rising wages in the United Kingdom region are passing all checks for a continuation of sheer policy tightening by

EUR/USD EUR/USD is in a rangebound territory as solid yields are weighing on risk-perceived currencies. The release of the US PPI will provide more cues about inflation projections. According to Bloomberg’s poll, the ECB is expected to find an interest rate peak at 3.25%. GBP/USD GBP/USD struggles for clear directions after reversing from a one-month high the previous day, making rounds to 1.2200 heading into Tuesday’s London open. In doing so, the Cable pair fall short of portraying the price-negative headlines surrounding

EUR/USD EUR/USD has refreshed its eight-month high above 1.0870 amid a positive risk-impulse. Volatility in the USD Index has escalated as the appeal for safe-haven assets has dropped. After slowing the extent of the interest rate hike to 50 bps, the Fed is expected to trim rate hike pace further to 25 bps. GBP/USD GBP/USD has started a new week with a bang, extending the previous week’s uptrend into the third straight day on Monday. Pound Sterling bulls benefit from a broadly weaker

EUR/USD EUR/USD retreats from a nine-month high toward 1.0800 amid a light EU calendar on Friday. The currency pair remains on the back foot, as the US Dollar recover alongside US Treasury yields following the US inflation data-led blow. US Consumer Sentiment data eyed.  GBP/USD GBP/USD is trading close to 1.2200, entering an upside consolidative mode ahead of the key UK GDP and industrial data early Friday. Broad-based US Dollar rebound amid mixed markets and a renewed uptick in the Treasury yields weighs on

EUR/USD EUR/USD is extending its bullish momentum toward 1.0800, awaiting the all-important US CPI data on Thursday. The pair capitalizes on hawkish ECB commentary while the US Dollar licks its wounds amid weaker US Treasury bond yields.  GBP/USD GBP/USD has been stuck in a tight pre-US Consumer Price Index red calendar event range in Asia of between 1.2132 and 1.2165. The bears have been in control for the most part within a choppy phase of consolidation below the initial balance highs for

EUR/USD EUR/USD is juggling in a tight range around 1.0750 ahead of the European open. The US Dollar resumes decline alongside the Treasury bond yields amid a better market mood. Range-play could likely extend ahead of Thursday’s critical US inflation data.  GBP/USD GBP/USD is rising above 1.2150 heading into Wednesday’s London open, investors stay on the sidelines ahead of Thursday’s US inflation data. Risk flows dominate and weigh down on the safe-haven US Dollar.   USD/JPY USD/JPY picks up bids to 132.45 during early Wednesday’s sluggish trading

EUR/USD EUR/USD dribbles between 1.0720 and 1.0745 so far during early Tuesday as traders await more clues to extend the latest north-run. The major currency pair seesaws around the highest levels since June 2022 as bulls run out of steam as the US Dollar rebounds on doubts over the previous risk-on mood, as well as due to a rebound in the US Treasury yields. GBP/USD GBP/USD is facing stubborn barricades around 1.2200 as anxiety soars ahead of Fed Powell’s speech. The US