The GBP/USD exchange rate fluctuated following a report indicating that the UK economy experienced a slowdown in the fourth quarter of the previous year. The asset maintained a narrow trading range following a report indicating that US inflation decreased in January, which heightens the likelihood of additional interest rate cuts by the Federal Reserve this … Read more
EUR/USD concluded the week at 1.1868, maintaining a tight sideways range for the fourth consecutive session. The market is currently employing a wait-and-see strategy in anticipation of the forthcoming release of January’s US consumer price index. The report may shape anticipations regarding Federal Reserve policy. Projections indicate a deceleration in headline inflation to 2.5% year-on-year, … Read more
The USD/CHF exhibits strength near 0.7700 during the early European session on Friday. In January, US job growth exhibited an unexpected acceleration, which has moderated expectations for further rate cuts by the Federal Reserve. Market participants are expected to draw additional insights from the inflation data released for Switzerland and the United States on Friday. … Read more
The euro against the dollar sees a drop, hovering around 1.1860 in the early hours of the European session on Thursday. The favorable US jobs report tempers predictions for further Fed rate reductions, strengthening the US Dollar. The ECB is expected to maintain consistent rates through 2026, following its data-focused approach. The EUR/USD pair is … Read more
The GBP/USD pair is showing an upward movement around 1.3635, breaking a two-day decline during the early European session on Thursday. The initial estimate of the UK’s Gross Domestic Product for the fourth quarter is set to attract significant attention later on Thursday. The UK economy is projected to expand by 0.2% quarter-on-quarter in the … Read more
The EUR/USD pair pulls back beneath 1.1900 on Wednesday as the Greenback rebounds following a robust jobs report from the United States, highlighting the economy’s resilience. Currently, EUR/USD is positioned at 1.1885, reflecting a decrease of 0.07%. EUR/USD declines as the 130K payroll increase and 4.3% unemployment rate underscore the robustness of the US labor … Read more
The USD/JPY pair declines to approximately 153.15 during the early European session on Wednesday. Market participants speculate that Japan’s Prime Minister Takaichi may adopt a more fiscally responsible approach. The expectation for US NFP in January is an increase of 70K. The USD/JPY pair declines to approximately 153.15 in the early European trading session on … Read more
The Euro experiences a decline during the North American session, dipping below the 1.1900 mark against the Greenback. This movement comes as certain Federal Reserve officials express reservations about additional rate cuts, despite the disappointing US Retail Sales data that has left traders unsettled. Currently, the EUR/USD is positioned at 1.1895, having peaked at a … Read more
The GBP/USD pair is presently experiencing a decline, trading around 1.3685 during the European session on Tuesday. The Pound Sterling is experiencing a slight decline against the US Dollar due to political uncertainties in the United Kingdom and increasing anticipations of imminent rate reductions by the Bank of England. UK Prime Minister Keir Starmer faced … Read more
EUR/USD experienced a rally exceeding 0.80% on Monday, as the Greenback remained stable in the wake of recent developments indicating that Chinese authorities advised financial institutions to reduce their holdings in US Treasuries, citing significant volatility in the fixed income markets. Currently, the pair is trading at 1.1916, having rebounded from daily lows of 1.1808. … Read more