GBP/USD is trading near $1.3377 as the July 4 weekend approaches, reflecting an increase of approximately 0.7% for the day and reaching a two-week high following the release of a disappointing US jobs report that prompted significant selling of the dollar. That appears to be a remarkable victory. It primarily reflects a depreciation of the … Read more
NFP falls short of expectations, with significant downward revisions to previous months. Expectations for Fed tightening have diminished as yields exert pressure on the US Dollar. Political uncertainty and speculation regarding intervention contribute to heightened volatility in Cable. The Pound Sterling registers solid gains against the US Dollar on Thursday following the latest US employment … Read more
AUD/USD declines as a robust US Dollar takes advantage of increasing hawkish sentiment surrounding the Federal Reserve’s policy outlook. The CME FedWatch tool suggests that traders are currently assigning a probability of nearly 60% to a Federal Reserve rate hike by September. Trump asserted that discussions between the US and Iran were set to take … Read more
AUD/USD experiences a decline, settling at approximately 0.6885 during the early hours of Monday’s Asian session. In March, Nonfarm Payrolls saw an increase of 178K, surpassing expectations. Westpac analysts project three more rate increases in 2026 as a measure to address inflationary pressures. The AUD/USD pair continues its downward trend, approaching 0.6885 in the early … Read more
In the early European session on Friday, AUD/USD gains strength around 0.6900. In May, June, and August of 2026, the RBA is predicted by Westpac analysts to raise the cash rate by 25 basis points. Later on Friday, traders prepare for the US employment data for March. During Friday’s early European trading hours, the AUD/USD … Read more
On Good Friday, April 3, 2026, GBP/USD is positioned around $1.3230, maintaining slight gains from the Asian trading session following a decline exceeding 0.5% during Thursday’s turbulent market conditions. Trading volume in all currency pairs is currently at significantly reduced levels due to the Good Friday holiday, which has led to minimal staffing on institutional … Read more
On Good Friday, April 3, 2026, the EUR/USD exchange rate hovers around $1.1540, exhibiting consolidation within a remarkably tight range of $1.1530 to $1.1550. This movement occurs during one of the year’s most subdued and illiquid foreign exchange sessions. The majority of significant equity markets are currently not operational. The bond markets will close at … Read more
March Nonfarm Payrolls recorded 178,000 on Friday — a figure that significantly exceeded the 57,000 consensus estimate and altered the prevailing narrative regarding the fragility of the US labor market that had been developing since February’s alarming -92,000 print, which marked the most severe single-month employment decline in recent history. The unemployment rate exceeded projections. … Read more
GBP/USD is currently positioned around 1.3160, showing minimal movement after a period of erratic trading influenced by differing monetary policy perspectives from the Bank of England and the Federal Reserve. The pair briefly hit 1.3185, a resistance level aligned with its 20-day Simple Moving Average, before retreating as demand for the U.S. Dollar rose in … Read more