Economic News Category

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

GBP/USD Holds Steady Above 1.2700 Amid Muted USD Movement The GBP/USD pair maintains a modest upward bias for the third consecutive day, trading steadily above the 1.2700 level during Thursday’s Asian session. However, the pair lacks strong bullish momentum and remains below Monday’s weekly high. The US Dollar (USD) continues its range-bound movement as traders

GBP/USD Price Forecast: Bearish Bias Remains Unchanged Below 1.2700 The GBP/USD pair remains in positive territory for the second consecutive day, trading near 1.2690 during Wednesday’s early European session. However, the upside potential appears limited as expectations of a less aggressive interest rate cut by the US Federal Reserve and concerns over President-elect Donald Trump’s