EUR/USD is experiencing losses on Tuesday, despite the recent benign inflation data from the United States, suggesting that the Federal Reserve may indeed lower interest rates as anticipated by the financial markets. Currently, the pair is trading at 1.1642, reflecting a decline of more than 0.20%. The EUR/USD pair experiences a decline as robust US … Read more
GBP/USD shows strength, reaching approximately 1.3470 during the early European session on Tuesday. Renewed concerns regarding the Fed’s independence are putting pressure on the US Dollar in comparison to the Cable. Market participants are looking forward to the release of the US December CPI inflation data on Tuesday for new momentum. The GBP/USD pair moves … Read more
EUR/USD breaks its seven-day losing streak as the Greenback faces widespread pressure. Concerns regarding the independence of the Federal Reserve are impacting the value of the US Dollar. The pair is exhibiting diminishing bearish momentum; however, it does not demonstrate strong bullish conviction beneath the 1.1700 psychological threshold. The Euro is showing signs of recovery … Read more
The GBP/USD pair sees interest from buyers near 1.3430 in the early hours of European trading on Monday. The Greenback weakens against the Pound Sterling following remarks from Federal Reserve Chair Jerome Powell, who indicated that US President Donald Trump threatened him with a criminal indictment, which has heightened concerns regarding the independence of the … Read more
EUR/USD continued its downward trend over the week, set to record losses of 0.70%, having declined by 0.20% on Friday, even in light of mixed economic data from the US. In the European Union, Retail Sales surpassed expectations; however, traders continue to concentrate on the movements of the US economy and the Dollar. The pair … Read more
The carry trade continues to be a significant influence currently in many of the Japanese yen-related pairs, particularly in the USD/JPY market. The US dollar experienced a slight decline against the Japanese yen at the beginning of Thursday’s session; however, recent movements indicate a potential shift towards upward momentum. The carry trade continues to be … Read more
EUR/USD declines for the fourth consecutive day on Thursday, influenced by stronger-than-anticipated jobs economic data. The data from the Eurozone confirmed to traders that the European Central Bank’s easing cycle has concluded, as producer prices in the region experienced deflation in December. Currently, the pair is trading at 1.1652, reflecting a decrease of 0.19%. EUR/USD … Read more
The GBP/USD pair is currently exhibiting a stable performance, hovering around 1.3465 in the early hours of European trading on Thursday. Markets exhibit a cautious stance as traders anticipate the release of significant US economic data this week. The weekly US Initial Jobless Claims report is set to be released later today, preceding the much-anticipated … Read more
EUR/USD continues to decline for the third consecutive day this week, decreasing approximately 0.10% as the Greenback strengthens following a robust Purchasing Managers Index report from the ISM, coupled with a strong jobs report. Meanwhile, inflation has slowed in the Eurozone, staying close to the European Central Bank’s target and impacting the shared currency. The … Read more
The USD/CHF pair is currently positioned in negative territory around 0.7950 in the early European session on Wednesday. The US Dollar is experiencing a decline against the Swiss Franc due to ongoing geopolitical tensions and the dovish remarks made by officials from the US Federal Reserve. Market participants will monitor the upcoming US ISM Services … Read more