GBP/USD Edges Higher as Fed Cut Bets Grow Amid US Shutdown Concerns
The GBP/USD pair climbed modestly on Monday, trading around 1.3430 with a 0.24% daily gain, as the U.S. Dollar (USD) eased from last week’s advance….
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EUR/USD Dynamics: US Data Impacts and Market Sentiment
The EUR/USD pair experienced significant fluctuations from US economic data releases and shifting market sentiments. After releasing US Gross Domestic Product (GDP) data for the…
NZD/USD Stabilizes at 0.5937 Amid US Dollar Strength, China Property Market Concerns
The NZD/USD currency pair traded above the 0.5900 psychological barrier in Thursday’s early European session. Today, the pair trades higher by 0.25 percent, at 0.5937….
US Default Fears Drive AUD/USD to Yearly Lows Amid Policy Divergence, Market Uncertainty
On Thursday’s European session, the AUD/USD retested its six-month low near 0.6520. The Australian pair makes sense in light of market demand for the US…
GBP/USD Needs to Recover 2.2450 to Validate Longer-Term Advance
The GBP/USD currency pair got back to around 1.2030 before London opens on Wednesday. The Cable pair bounces back for the third time from the…
GBP/USD Regains 1.1800 on Softer DXY Before US Data, Jackson Hole
The GBP/USD currency pair consolidated weekly losses of around 1.1817 in Thursday’s Asian session amid a US dollar pullback. The cable pair’s recent gains may…
US Dollar Choppy As Durable Goods Orders Flat in July, Housing Market Worsens
The US dollar was engaged in choppy trading midweek as the seesaw in financial markets impacted the greenback’s direction. President Joe Biden’s announcement on student…
GBP/USD Trades Below 1.2300 After Slight Gains From Brexit News
On Monday, the GBP/USD pair picked up steam, reaching a one-week high in the early hours of the European session. Spot prices, on the other…