Market News

MARKET NEWS

December 20, 2023
EUR/GBP Regains Ground, Nearing Mid-0.8600 Range in Response to UK Inflation Data

EUR/GBP Regains Ground, Nearing Mid-0.8600 Range in Response to UK Inflation Data The European currency pair EUR/GBP witnessed a modest rebound in the early hours of the European market session on Wednesday, as it climbed towards the mid-0.8600 territory, a notable recovery from its recent slump. The upswing in the pair was primarily fueled by

Read more
December 18, 2023
EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report

EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report Rewrite this news and expand to 400  words: EUR/USD Maintains Modest Increase Near 1.0900, Awaiting German IFO Report The EUR/USD pair posts modest gains during the Asian trading hours on Monday. The major pair remains capped under 1.1000, the key barrier, and currently trades near

Read more
December 15, 2023
USD/CAD Drops Below 1.3400 Amid Weak Dollar and Rising Oil Prices, Awaiting US PMI Data

USD/CAD Drops Below 1.3400 Amid Weak Dollar and Rising Oil Prices, Awaiting US PMI Data In recent sessions, the USD/CAD currency pair has continued its downward trajectory for the third consecutive day. The pair was seen hovering around the 1.3390 mark during Friday’s Asian trading hours. The depreciation of the pair is largely due to

Read more
December 14, 2023
USD/CHF Falls to 0.8670 Amid Dovish Fed, Awaits SNB Decision

USD/CHF Falls to 0.8670 Amid Dovish Fed, Awaits SNB Decision In the current financial climate, the USD/CHF currency pair has sustained its downward trajectory for the fourth consecutive day, hovering around the 0.8670 mark during Thursday’s Asian trading hours. This comes as the market braces for the Swiss National Bank’s (SNB) impending Interest Rate Decision.

Read more
December 12, 2023
GBP/USD sees buying interest above mid-1.2500s before UK job, US inflation data

GBP/USD sees buying interest above mid-1.2500s before UK job, US inflation data The GBP/USD currency pair, representing the exchange rate between the British Pound and the US Dollar, is showing signs of recovery in the early Asian trading session on Tuesday. This resurgence comes as the pair trades around 1.2565, marking a modest gain of

Read more