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EUR/USD The EUR/USD pair gains ground around 1.1575, snapping the four-day losing streak during the Asian trading hours on Friday. The potential upside for the major pair might be limited as the political turmoil in France weighed on the Euro. The preliminary reading of the U-Mich Consumer Sentiment report will be in the spotlight later on Friday. GBP/USD GBP/USD inches higher after three days of losses, trading around 1.3310 during the Asian hours on Friday. The pair may appreciate as the Pound Sterling may gain ground amid

EUR/USD EUR/USD extends its losses for three straight consecutive days, down 0.32% as the US government shutdown extends, and the Federal Reserve’s last meeting minutes showed that officials remain cautious on inflation, despite easing policy. At the time of writing, the pair trades at 1.1622 after hitting a daily high of 1.1661. GBP/USD The GBP/USD pair posts modest gains near 1.3405, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) softens against the Pound Sterling

EUR/USD The EUR/USD pair attracts some sellers to around 1.1620 during the Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of a political crisis in France. The FOMC Minutes will take center stage later on Wednesday.  GBP/USD GBP/USD turned lower again on Tuesday, falling back below 1.3450, extending a near-term consolidation zone as the pair grinds through chart paper near the 50-day Exponential Moving Average (EMA). Despite a notable lack of firm bullish momentum, selling pressure remains

EUR/USD The EUR/USD pair loses ground around 1.1705 during the Asian trading hours on Tuesday. The Euro softens against the US Dollar after France’s new Prime Minister Sebastien Lecornu and his government resigned on Monday, hours after announcing his cabinet line-up. On the other hands, the German August Factory Orders and French Trade Balance data are due later on Tuesday.   GBP/USD GBP/USD loses ground after two days of gains, trading around 1.3470 during the Asian hours on Tuesday. However, the pair may regain its ground as the

EUR/USD EUR/USD retraces its recent gains registered in the previous session, trading around 1.1720 during the Asian hours on Monday. The downside of the pair could be limited as the US Dollar may struggle amid the rising likelihood of the US Federal Reserve rate cuts in the upcoming meetings. GBP/USD The Pound Sterling (GBP) recovery from seven-week lows against the US Dollar (USD) lost legs, sending GBP/USD back below the 1.3500 threshold. Amid cautious remarks by the Bank of England (BoE) policymakers and a broad-based US Dollar

EUR/USD EUR/USD holds ground after two days of losses, trading around 1.1720 during the Asian hours on Friday. Traders await HCOB Purchasing Managers’ Index (PMI) data from the Eurozone and Germany due later in the day. Eurozone Producer Price Index (PPI) will also be eyed. GBP/USD GBP/USD halts its four-day positive streak on Thursday. slipping back to two-day lows near 1.3430 amid a modest bounce in the US Dollar. The British Pound finds support in the BoE’s cautious guidance, while the Greenback remains

EUR/USD The EUR/USD pair gains ground near 1.1735 during the Asian trading hours on Thursday. The concern over the impact of the US government shutdown undermines the US Dollar against the Euro. The US weekly Initial Jobless Claims will not be published in light of the ongoing federal shutdown.  GBP/USD GBP/USD extends its gains for the fifth consecutive day, trading around 1.3480 during the Asian hours on Thursday. The pair may further appreciate as the Pound Sterling receives support from the cautious remarks from the Bank of England (BoE)

EUR/USD EUR/USD registers gains of over 0.20% on Monday amid worries of a possible government shutdown in the US, while data in the Eurozone, showed that sentiment improved but failed to propel the shared currency higher. At the time of writing, the pair trades at 1.1726 after hitting a daily low of 1.1701. GBP/USD GBP/USD stays silent after two days of gains, trading around 1.3440 during the Asian hours on Tuesday. The pair moves little ahead of the release of the United

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