CorporateBusiness Bay Dubai, UAE
Mon - Fri8.00 am to 7.00pm
Youghal Cork Ireland
Business Bay Dubai, UAE
EUR
EUR
21
Nov

EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data

EUR/USD edges higher after a flat previous day, trading around 1.1540 during the Asian hours on Friday. Traders await preliminary HOCB Purchasing Managers Index (PMI) data for November from Germany and the Eurozone due later in the day. Focus will be shifted toward the US S&P Global PMI data later in the North American session. The EUR/USD […]

Share This Post
21
Nov

EUR/JPY edges lower below 181.50 as Japan unveils stimulus package

The EUR/JPY cross declines to around 181.40 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Euro (EUR) in the wake of Japan’s Cabinet approving the 21.3 trillion yen economic stimulus package. Traders await the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, Germany, and France for fresh impetus.  […]

Share This Post
20
Nov

EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut

The EUR/GBP cross loses momentum to near 0.8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December. The German Producer Price Index (PPI) and Eurozone Consumer Confidence reports will be released later on Thursday.  […]

Share This Post
20
Nov

EUR/USD slides further to near 1.1500 ahead of US NFP data

The EUR/USD pair extends its losing streak for the fifth trading day on Thursday. The major currency pair slides to near an almost two-week low around 1.1500 during the European trading session. The weakness in the pair is mainly contributed by the strength in the US Dollar (USD), which outperforms its peers amid receding expectations […]

Share This Post
19
Nov

EUR/USD hovers near weekly lows in risk-averse markets

EUR/USD shows marginal gains, trading at 1.1590 at the time of writing on Wednesday after bouncing from the previous day’s lows at 1.1570. Still, the pair remains trapped within previous ranges, with the 1.1600 level capping bulls. The risk-averse sentiment, as global equity markets are selling off, is limiting the US Dollar’s (USD) downside attempts. US […]

Share This Post
19
Nov

EUR/GBP holds positive ground above 0.8800 after UK CPI data

The EUR/GBP cross gains ground to near 0.8815 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report. The final reading of the Harmonized Index of Consumer Prices (HICP) inflation report from the Eurozone will be published later on Wednesday. Data released by the United Kingdom’s Office for National […]

Share This Post
19
Nov

EUR/USD stays silent below 1.1600 as Fed rate cut bets recede

EUR/USD moves little after three days of losses, trading around 1.1580 during the Asian hours on Wednesday. The pair may further lose ground as the US Dollar (USD) gains amid declining US Federal Reserve (Fed) rate cut bets for December. The highly anticipated September Nonfarm Payrolls data are scheduled to be released on Thursday. The CME FedWatch […]

Share This Post
18
Nov

EUR/JPY Price Forecast: Key upside barrier emerges near 180.00

The EUR/JPY cross declines to near 179.70 during the early European session on Tuesday. The cross retreats after reaching new record highs in the previous session. However, the potential downside for the cross might be limited amid the ongoing weakening of the Japanese Yen (JPY). Japan’s Prime Minister Sanae Takaichi urged the Bank of Japan […]

Share This Post
18
Nov

EUR/USD Holds retracement near 1.1600 from immediate highs

The EUR/USD pair trades calmly near 1.1600 during the late Asian trading session on Tuesday, following the corrective move from an over two-week high of 1.1656. The major currency pair strives to regain strength as the US Dollar (USD) struggles to extend two-day recovery move, with investors turning cautious ahead of the United States (US) Nonfarm […]

Share This Post
18
Nov

EUR/GBP trades flat near 0.8800 amid BoE rate cut speculation

The EUR/GBP cross flat lines near 0.8810 during the early European session on Tuesday. Nonetheless, recent weak UK Gross Domestic Product (GDP) data has pressured the Bank of England (BoE) to potentially cut rates, which might drag the Pound Sterling (GBP) lower against the Euro (EUR). The UK Consumer Price Index (CPI) and Producer Price Index (PPI) reports will be the […]

Share This Post