Following the previous week’s choppy action, markets remain subdued on the first trading day of June. S&P Global will release revisions to May Manufacturing PMI data for Germany, the Eurozone, the UK and
Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the
The GBPUSD pair weakened to 1.2695 in early Asian trading on Thursday. The downtick of the pair is supported by the stronger US Dollar amid higher US yields and lower bets of
The Dollar Index (DXY) seems to have entered a consolidation phase early Thursday after climbing to a weekly high near 105.00 on Tuesday. S&P Global will release preliminary May Manufacturing and Services
The GBPUSD pair remains confined around 1.2710 during Asian trading on Wednesday. Financial markets await fresh impetus, with the release of the UK Consumer Price Index (CPI) and FOMC Minutes due on Wednesday. Federal
The Pound Sterling began the week solidly against the US Dollar, registering modest gains of 0.04% after hitting a daily low of 1.2681, with the GBPUSD trading later in the day at
The GBPUSD pair extended its upside near 1.2688 during early Asian trading on Thursday, supported by a weaker Greenback after the release of softer US CPI inflation data. Later in the day,
GBPUSD is hovering around 1.2560 in Asian trading on Tuesday following the improved risk appetite. The Pound Sterling received support from higher-than-anticipated UK Gross Domestic Product (GDP) figures released on Friday. The
By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest
The GBPUSD pair continues its winning streak for the fourth consecutive day, trading around 1.2550 in Asian markets on Monday. The Sterling-Dollar appreciation could be attributed to the recalibrated expectations for the
