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 British pound experienced a notable decline on Yesterday following the Bank of England’s policy decision, while the U.S. dollar continued to recover from prior weakness. GBP/USD moved lower during the session as markets reacted less to the unchanged policy rate and more to the shift in the voting pattern among policymakers. The rise in … Read more
The EUR/USD pair experienced a decline during the North American session, falling by 0.75%. This movement is attributed to a broader strengthening of the US Dollar, influenced by Trump’s moderate-hawkish selection to head the Federal Reserve and an inflation report that supports the case for maintaining steady interest rates by the Federal Reserve. Currently, the … Read more
The GBP/USD pair is on the rise, nearing 1.3685, which is the peak level since September 17, 2025, during the early European session on Tuesday. The Pound shows an upward movement against the US Dollar following the release of stronger-than-anticipated UK Retail Sales and Purchasing Managers’ Index figures. These positive reports have led some experts … Read more
On Wednesday, GBP/USD held steady at 1.3436. The British pound found support amid a sell-off in the US dollar, driven by escalating trade tensions between the US and Europe concerning Greenland. The President of the United States, Donald Trump, has issued a warning regarding the potential imposition of tariffs on imports from the UK, Denmark, … Read more
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
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
GBP/USD moves upward, approaching 1.3480 during the early Asian session on Friday. Market participants anticipate further USD depreciation if the incoming Fed Chair pursues more aggressive interest-rate reductions as expected. The BoE anticipates that rates will follow a gradual downward trajectory; however, each future reduction will be a “closer call.” The GBP/USD pair shows resilience, … Read more
EUR/USD remains stable near 1.1770 during the early Asian session on Tuesday. US Pending Home Sales increased by 3.3% month-over-month last month, surpassing expectations. Market participants prepare for the FOMC Minutes on Tuesday in search of new insights. The EUR/USD pair remains stable around 1.1770 in the early Asian session on Tuesday. Market participants are … Read more