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Provided Pound Sterling (GBP) remains below 1.3335 against US Dollar (USD), it could edge lower to 1.3265. In the longer run, the current price movements are part of a 1.3240/1.3450 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Price movements are part of a 1.3240/

In the latest TradeGateHub Live Trading session, USDJPY showed a reaction to the escalating tensions between India and Pakistan. Coach described the move in USDJPY as a failing rally, suggesting limited upside potential. He also discussed the possibility of a Triple Top formation in Cable, indicatin

Market sentiment has improved following a deluge of data and earnings announcements on both sides of the Atlantic. In Europe, strong growth numbers were spoiled by stronger-than-expected inflation update, while in the US, terrible GDP figures were countered by a softer-than-expected PCE read. In Jap

Asia markets Asia-Pacific markets look set to open with a bounce, riding a fresh tailwind out of D.C. as Trump softens his trade stance toward China. Traders are reading the room — and right now, the tone out of Washington screams "de-escalation." Treasury Secretary Bessent all but telegraphed that

Here is what you need to know on Wednesday, April 23: The US Dollar (USD) recovered sharply on Tuesday, with the USD Index gaining more than 1% on the day. S&P Global will publish preliminary Manufacturing and Services Purchasing Managers Index (PMI) data for Germany, the Eurozone, the UK and th

GBP/USD remains strong near 1.3370 in Tuesday’s early Asian session. Trump slams the Fed’s Powell for not cutting interest rates.Cooler UK inflation data and global uncertainty have paved the way for BoE rate reductions. The GBP/USD pair trades in positive territory around 1.3370 during the early As