UK employment figures show 147K new jobs, beating expectations and supporting the British Pound amid steady wage growth. The British Pound (GBP) rebounded to near 218.55 against the Japanese Yen (JPY) in European trading on Tuesday, halting a three-day decline. The move fo
UK employment figures boost the British Pound, pushing GBP/USD to near 1.3450 in early European trading. The British Pound rose against the US Dollar, trading near 1.3450 in early European hours on Tuesday. The move follows the release of UK employment data, which supporte
GBP/USD gains as UK unemployment holds at 4.9%, below expectations, while employment change surges to 147K in May. The British Pound strengthened against the US Dollar, trading near 1.3450 after UK employment data exceeded forecasts. The ILO unemployment rate remained stea
UOB analysts see limited downside for the euro near 1.1390, with range-bound trading expected between 1.1360 and 1.1465 in coming weeks. EUR/USD retains a mild downside bias after breaking below the 1.1405 support level, according to recent analysis. Intraday losses are ex
The INR strengthens to 96.34 against the USD amid reduced geopolitical tensions in the Middle East. The Indian Rupee (INR) opened higher against the US Dollar (USD) on Tuesday, with the USD/INR pair retreating to 96.34 from Monday’s two-month peak of 96.76. The move follow
XAU/USD rises on subdued USD demand despite Fed hike expectations and geopolitical tensions driving inflation concerns. Gold prices climbed to a multi-day high above $4,050 in early trading, supported by a softer US Dollar (USD) amid diplomatic hopes between the US and Ira
AUD/JPY trades higher at 113.85 The Australian Dollar strengthens against the Japanese Yen due to the interest rate differential between the Reserve Bank of Australia and the Bank of Japan. The Reserve Bank of Australia decided to hold the Official Cash Rate steady
The currency pair consolidates near 1.1400 ahead of Thursday’s ECB decision, with Fed rate hike bets lifting the USD. EUR/USD trades just above 1.1400 in early Asian trade, remaining below its 200-period Simple Moving Average on the four-hour chart. The pair’s bearish tone
Technical levels suggest potential moves for the Dollar Index and EUR/USD amid geopolitical tensions and ECB policy watch. The Dollar Index is testing the 101 level, with a break potentially lifting it to 101.50-102, while failure could pull it back to 100.50. EUR/USD rema
USD/CHF trades around 0.8110 amid rising safe-haven demand The US Dollar receives support from rising safe-haven demand amid ongoing hostilities between the US and Iran. The pair appreciates as oil prices rise, reviving concerns about inflation and interest rate hi
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