The EUR/USD experiences a decline during the North American session, down 0.30%, as the Greenback benefits from a robust recovery amid speculation that the Federal Reserve may maintain rates at their current level. The pair is currently at 1.1589, having peaked at a daily high of 1.1624. EUR/USD has pulled back to 1.1589 as market … Read more
The USD/JPY pair rose to 154.72 on Monday, approaching its peak levels since February, even in light of Japanese economic data that exceeded expectations. Japan’s GDP experienced a contraction of 0.4% quarter-on-quarter in Q3 2025, marking a reversal from the 0.6% growth observed in Q2. Nonetheless, this result surpassed the 0.6% decrease projected by economists. … Read more
The GBP/USD pair experienced a decline to 1.3149 on Friday, remaining close to a seven-month low. The sell-off was initiated by the government’s sudden decision to forgo plans to increase income tax rates prior to the Autumn Statement on 26 November. Prime Minister Keir Starmer and Chancellor Rachel Reeves have eliminated the previously discussed hikes … Read more
The Pound Sterling is gaining ground due to widespread weakness in the US Dollar as the US government reopens, which will reveal a series of economic data for traders and the Federal Reserve. GBP/USD is currently positioned at a two-week peak of 1.3197, reflecting an increase of 0.46%. GBP/USD reaches a two-week peak at 1.3197 … Read more
The Euro strengthens in the North American session, recording an increase of 0.30% as the Greenback declines following disappointing US jobs data and a shift in business sentiment towards a more pessimistic economic outlook. The EUR/USD is currently trading at 1.1590, having rebounded from daily lows of 1.1547. The EUR/USD pair experiences an upward movement … Read more
The USD/CHF experiences a decline for the fourth consecutive day, currently trading at approximately 0.8000 after a loss of 0.55% late Tuesday during the North American session. Disappointing US economic data and a tariff reduction to Switzerland contributed to a strengthening of the Swiss Franc during the trading session. The USD/CHF has decreased by 0.55%, … Read more
EUR/USD remains steady at approximately 1.1550 on Monday, showing little movement as the Greenback recovers some of its earlier losses following reports that the White House supports a deal to resolve the US shutdown in the near future. Currently, the pair is trading steady at 1.1560. EUR/USD remains stable as the White House’s support for … Read more
EUR/USD has recovered some of its earlier losses, increasing by 0.16% during the late hours of the North American session on Friday, in light of a limited economic calendar on both sides of the Atlantic. The US government shutdown has now extended to its 38th day, and with a light docket in Europe, the pair … Read more
The GBP/USD pair is currently seeking support near 1.3062 on Thursday, as investors take a measured approach ahead of the crucial Bank of England monetary policy meeting scheduled for today. The British currency is currently facing significant pressure, trading close to a seven-month low against the US dollar and reaching its weakest point in over … Read more
GBP/USD remains stable on Wednesday after experiencing a 0.90% decline on Tuesday, prompted by UK finance minister Rachel Reeves indicating the possibility of tax increases to adhere to fiscal regulations. The pair is currently trading at 1.3028, showing minimal movement at this moment. GBP/USD reduces losses following UK finance chief Rachel Reeves’ indication of tax … Read more