GBP/USD declines over 0.35% on Wednesday, falling beneath the 1.3250 level, as expectations for a rate cut by the Bank of England for the upcoming November meeting increase, while market participants anticipate the Federal Reserve monetary policy decision. The GBP/USD pair is currently at 1.3219, with sellers driving the spot price beneath the 200-day Simple … Read more
The EUR/USD pair is currently positioned at 1.1654, following a temporary increase driven by the alleviation of U.S.–China trade tensions. US CB Consumer Confidence declines, indicating a decrease in household optimism. The Federal Reserve is anticipated to lower interest rates on Wednesday, as decision-makers continue to rely on data in light of the ongoing shutdown. … Read more
GBP/USD fell over 0.50% on Tuesday as market participants processed the news from the UK’s Office for Budget Responsibility, which intends to reduce productivity, resulting in a significant gap in the public finances. Currently, the pair is trading at 1.3280, having reached a low of 1.3247, marking its lowest point since August 1. GBP/USD has … Read more
EUR/USD experiences a slight increase late in the North American session on Monday as the Greenback pulls back from the highs seen last week, coinciding with a de-escalation in the US-China trade war ahead of the upcoming summit between Donald Trump and Xi Jinping in South Korea. The currency pair is currently trading at 1.1643, … Read more
The USD/JPY pair experienced a significant rally on Monday, climbing to the 153.00 level and approaching heights not observed since February 2025. The current bullish momentum is fueled by anticipations of substantial fiscal stimulus from Japan’s newly formed government, alongside persistent uncertainty regarding the policy trajectory of the Bank of Japan. The yen has faced … Read more
The EUR/USD pair is set to conclude the week with a decline of 0.21%, although it continues to hold above the 1.16 mark for the third consecutive day. The upside is constrained by significant resistance levels, as recent US data may not dissuade the Federal Reserve from implementing rate cuts. EUR/USD remains stable, poised for … Read more
USD/CHF remains subdued on Friday; however, the pair is trading below 0.8000 and is set to conclude the week with modest gains exceeding 0.25%. Currently, the pair is trading at 0.7956, showing minimal movement. USD/CHF is currently at 0.7956, remaining unchanged for the day while showing an increase of 0.25% over the week. The price … Read more
EUR/USD remains stable in the North American session on Thursday, with the Dollar showing slight gains of over 0.05% as market participants anticipate the release of September’s US inflation data. Currently, the pair is trading at 1.1617, having reached a low of 1.1585. The EUR/USD pair is currently trading at 1.1617, showing a slight increase … Read more
GBP/USD experiences a pullback on Thursday, declining more than 0.21% following the recent inflation report, which has heightened the likelihood of a Bank of England rate cut by year-end. Currently, the pair is trading at 1.3326, having peaked at 1.3360. GBP/USD declines 0.21% to 1.3326 following UK inflation falling short of both BoE and market … Read more
EUR/USD remains stable around the 1.1600 level on Wednesday, with a limited economic calendar on both sides of the Atlantic as market participants anticipate the postponed US Consumer Price Index report, scheduled for release on Friday. The EUR/USD pair is currently stable, hovering around the 1.1600 mark, whereas the DXY index shows a slight decline, … Read more