The EUR/JPY cross trades on a flat note near 183.80 during the early European session on Wednesday. Earlier this week, the Bank of Japan’s (BoJ) December meeting “Summary of Opinions” showed several board members advocating for a continued tightening path and additional rate hikes in 2026. The Japanese Yen (JPY) initially strengthened against the Euro (EUR) following the report. […]
The EUR/GBP cross softens to around 0.8720 during the early European session on Wednesday. A cautious tone surrounding the Bank of England’s (BoE) policy outlook could provide some support to the Pound Sterling (GBP) against the Euro (EUR). Trading volumes are expected to remain thin ahead of the New Year holidays. The UK central bank reduced interest rates from 4.0% […]
USD/CHF extends its winning streak for the fourth consecutive day, trading around 0.7930 during the early European hours on Wednesday. The pair appreciates as the US Dollar continues to gain ground after the release of the Federal Open Market Committee (FOMC) December Meeting Minutes on Tuesday. FOMC Minutes indicated a deeply divided committee, with most […]
The offshore yuan appreciated past 6.98 per dollar on Wednesday, remaining near the fifteen-month high reached in the previous session and on track for its biggest annual gain since 2020, as better-than-expected PMI data bolstered market sentiment. Official data showed China’s composite PMI rose to a six-month high of 50.7 in December 2025, with the […]
EUR/USD is practically flat on Tuesday, trading near 1.1770 at the time of writing amid the current market lull ahead of the New Year holiday. The common currency has found support not far from the three-month highs in the 1.1800 area, but the rising geopolitical tensions are weighing on risk appetite on thinned year-end trading, keeping […]
EUR/GBP extends its losses for the second successive session, trading around 0.8710 during the European hours on Tuesday. Volumes are expected to be thin due to the year-end holiday. Traders are also monitoring geopolitical tensions as uncertainty over the Ukraine-Russia peace process resurfaced. Russia’s foreign minister said Moscow’s negotiating stance would shift following alleged strikes […]
The Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting, which will […]
EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar (USD) moves little amid market caution ahead of the Federal Open Market Committee (FOMC) December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s […]
The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path. The UK central bank cut its benchmark interest rate by 25 basis points […]
USD/CHF loses ground after two days of gains, trading around 0.7880 during the Asian hours on Tuesday. The Swiss KOF Leading Indicator will be eyed later, which could offer future trends of the overall economic activity. The Swiss Franc (CHF) potentially receives support from increased safe-haven demand, which could be attributed to the uncertain Ukraine-Russia […]