Sterling drops ahead of UK labour data

The GBPUSD currency pair broke its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session, as traders are awaiting UK employment data later in the day. The Claimant Count Change for

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Euro remains subdued on dovish ECB mood

The EURGBP currency pair retraced its recent gains from the previous session, trading around 0.8330 during Monday’s Asian hours. The Euro faces downward pressure as several European Central Bank officials remain comfortable

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Dollar under pressure as mood improves

The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later

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Euro wobbles ahead of Fed Powell’s testimony

The EURUSD currency pair ticked higher but is broadly sideways around 1.0300 in Tuesday’s North American session as investors await the Federal Reserve Chair’s testimony before Congress. Investors will pay close attention to

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Dollar retreats, gold revisits record-high

After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early Wednesday, while investors continue to scrutinise comments from central

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