finance

EUR/USD EUR/USD extends its gains for the second successive session, trading around 1.1720 during the Asian hours on Monday. The pair appreciates as the US Dollar weakens after the US August inflation report boosted the likelihood that the US Federal Reserve will likely deliver another interest rate cut in October. GBP/USD The GBP/USD pair edges higher to near 1.3415 during the early Asian session on Monday. The US Dollar weakens against the Pound Sterling as the US August inflation report reinforced market expectations

EUR/USD EUR/USD holds its rebound to near 1.1750 in European trading on Thursday, after registering more than 0.5% losses in the previous session. The pair benefits from a modest retreat in the US Dollar across the board as traders turn cautious ahead of a slew of US data releases and speeches from Fed officials.  GBP/USD The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar weakens against the Pound Sterling as traders

EUR/USD EUR/USD extends its winning streak for the fourth consecutive session, testing 1.1800 in the European session on Tuesday. The persistent US Dollar weakness on bets of aggressive Fed rate cuts remains the underlying factor for the pair’s strength. The focus now shifts to German ZEW and US Retail Sales data.  GBP/USD GBP/USD sits at its highest level since early July above 1.3600 in the European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate held steady at 4.7%

EUR/USD EUR/USD oscillates in a tight range around 1.1700 in the European trading hours on Thursday. The pair lacks a clear direction as traders adopt caution ahead of the European Central Bank interest rate decision and the US CPI inflation due later in the day. GBP/USD GBP/USD trades on the back foot below 1.3550 in the European session on Thursday. Fresh US Dollar demand and a cautious risk tone weigh on the pair. Traders refrain from placing fresh bets before the release of the all-important US CPI inflation

EUR/USD EUR/USD extends its winning streak for the third successive session, closing in on 1.1800 in the early European trading hours on Tuesday. The pair gains as the US Dollar continues to face challenges due to increased bets for aggressive Fed rate cuts, with the focus shifting to the US preliminary NFP Benchmark Revision.  GBP/USD GBP/USD gathers strength toward 1.3600, sitting at the highest since August 15 in the early European session on Tuesday. The US Dollar weakens across the board as weaker US jobs

EUR/USD EUR/USD struggles to build on Thursday’s gains and trades in negative territory, slightly above 1.1650 in the European session on Friday. Later in the day, Consumer Price Index (CPI) data from Germany and PCE inflation figures from the US will be scrutinized by investors. GBP/USD GBP/USD retreats to test the 1.3500 mark in the early European morning on Friday. Cable remains firmly entrenched in recent consolidation, but markets are positioning themselves for an upside reaction after Friday’s upcoming US Personal Consumption

EUR/USD The EUR/USD pair edges higher to near 1.1650 during the Asian trading session on Thursday. The major currency pair gains marginally as the US Dollar faces selling pressure, following dovish remarks on interest rates from New York Federal Reserve Bank President John Williams in an interview with CNBC on Wednesday. GBP/USD GBP/USD remains steady after two days of gains, trading around 1.3500 during the Asian hours on Thursday. The pair may further appreciate as the US Dollar struggles amid rising concerns over the US Federal

EUR/USD The EUR/USD pair edges lower to near 1.1630 during the Asian trading session on Wednesday. The major currency pair faces a slight selling pressure as political uncertainty in France has weighed on the Euro. GBP/USD GBP/USD retraces its recent gains from the previous session, trading around 1.3450 during the Asian hours on Wednesday. The pair may regain its ground as the Pound Sterling receives support from the dampened likelihood of further Bank of England rate cuts, driven by persistent inflationary pressures. Inflation in the UK

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,