EURUSD edged higher Tuesday amid a mild correction in the Dollar, rising to near the psychological resistance of 1.1000. The major currency pair recovered mildly as the USD faces a slight correction,
EURGBP is retracing its recent gains from the previous session, trading around 0.8340 during the Asian hours on Monday. The currency cross remains tepid following the release of the gross domestic product
The British pound is primed for outperformance, while the euro faces continued downward pressure for the rest of 2024, predicts the CEO of a leading independent financial advisory and fintech. The deVere
After witnessing a solid turnaround in U.S. markets on Wednesday, the Dollar pauses its recovery and remains in a consolidative mode heading into the European trading on Thursday. Traders turn cautious and
The Euro-Dollar currency pair struggles to hold the key support of 1.1100 in Tuesday’s European session after a sharp decline on Monday. EURUSD remains under pressure as Monday’s flash HCOB Purchasing Managers
The EURGBP cross remains steady around 0.8420 on Tuesday during European trading. The European Central Bank rate cut and lower growth forecasts might further weigh on the Euro in the near term,
The EURGBP currency pair is retracing its recent gains from Friday, trading on Monday at around 0.8440 in European markets. The Euro faces challenges as recent eurozone inflation data have solidified expectations
EURGBP extended its gains for the second successive day, trading around 0.8430 during Tuesday’s European session. However, the upside potential for the EURGBP cross may be limited, as the Euro is under
The EURGBP concluded the week in red for the third straight week. The currency pair remains on the backfoot as the Euro continues to weaken, with financial market participants seeming to be
The EURGBP pair extended its losing spree for the fifth trading session on Tuesday. The cross weakened as the Pound Sterling (GBP) strengthened on expectations that the process of policy-easing by the
