Economic News Category

EUR/USD Vulnerable Near 1.0460 Amid ECB-Fed Divergence The EUR/USD pair remains under pressure during Friday’s Asian session, hitting a near three-week low around 1.0455. The prevailing market sentiment points to further downside risks, suggesting an extension of the pair’s recent downtrend. The euro remains weighed down by the European Central Bank’s (ECB) dovish stance and

GBP/USD Rebounds as US Dollar Weakens Amid Rising Fed Rate Cut Expectations GBP/USD has recovered losses from the previous session, trading near 1.2770 during Thursday’s Asian session. The pair gains strength as the US Dollar (USD) retreats from a four-day winning streak, despite support from elevated US Treasury yields. The US Dollar Index (DXY), which

GBP/USD Holds Steady Near 1.2750 Amid Market Anticipation of Key Economic Data GBP/USD continues to trade steadily around the 1.2750 mark during Tuesday’s Asian session, marking a second day of stability. The pair faces potential headwinds as the US Dollar (USD) strengthens on market caution ahead of the US Consumer Price Index (CPI) data release

EUR/USD Slips Near 1.0550 Amid ECB Rate Cut Speculations The EUR/USD pair edges lower toward 1.0550 during Monday’s Asian trading session, maintaining a mild negative bias. Traders are gearing up for a busy week, with the U.S. Consumer Price Index (CPI) inflation report for November scheduled for Wednesday and the European Central Bank (ECB) interest

EUR/USD Gains Momentum Ahead of Key NFP Data Release The EUR/USD pair climbed on Thursday, rising by 0.7% to approach the 1.0600 level. The move comes as better-than-expected European retail sales data for October temporarily buoyed sentiment, despite a monthly decline. Meanwhile, expectations of an ECB rate cut and a risk-on market mood ahead of