About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
Euro steadies near 1.1736 as EUR/USD consolidates above key support. Bulls target a breakout above 1.1800 to push toward 1.1916 resistance. Central bank policy divergence, economic data, and risk sentiment remain key drivers shaping the pair’s near-term direction.
EUR/USD holds steady at 1.1736 as traders eye a potential breakout toward 1.1916. Key support at 1.1700 keeps bulls hopeful amidst mixed economic signals and central bank policy divergence. Watch for momentum shifts that could set the next directional move. #Forex #EURUSD #TradingNews
Silver hits new yearly highs as inflation worries, easing central bank policies, and strong industrial demand drive momentum. Technicals confirm a bullish trend with key resistance near $26-$27. Could we see further gains ahead? Insights from Barry Norman’s analysis on FXStreet. #Silver #PreciousMetals #MarketAnalysis
GBP/USD holds firm at 1.3556 as the Federal Reserve’s recent rate cut fuels a softer US Dollar, boosting the Pound’s outlook. Market focus now shifts to UK economic data and BoE’s cautious stance, shaping the medium-term trajectory for Cable. #Forex #GBPUSD #TradingNews
USD/JPY remains supported above 148 as traders focus on signals from the Fed and BoJ. Divergent central bank policies and economic data are key drivers, while Japanese authorities watch yen weakness closely. Staying alert to upcoming policy meetings and geopolitical events will be crucial for the pair’s direction.
UK GDP stalled in April at 0%, down from March’s 0.4% gain, as declines in production and construction offset modest services growth. The pound dipped against the dollar and euro amid worries the UK recovery is losing steam. All eyes now on the Bank of England’s upcoming policy meeting and the path ahead for rate decisions.
GBP/USD is struggling to hold above 1.3550 amid stalled UK economic growth in July. Weak GDP data, persistent inflation, and BoE’s cautious stance are weighing on the pound, while a resilient US economy supports the dollar. Market eyes remain on inflation trends and BoE policy signals.
Stay informed on upcoming UK economic data releases—from GDP and CPI to labour market stats—and their scheduled London session timings. These indicators are key drivers for GBP/USD movements, reflecting shifts in growth, inflation, and Bank of England policy expectations. Original Article Credit: FXStreet News Team.
Source: https://www.fxstreet.com/news/when-are-the-uk-data-releases-and-how-could-they-affect-gbp-usd-202509120412
The USD remains firm amid resilient US economic data and heightened geopolitical risks, reinforcing its safe-haven appeal. Traders weigh upcoming central bank moves as the euro faces pressure from weak growth and dovish ECB signals, while the pound encounters domestic uncertainties. The yen’s decline draws official concern as yield differentials widen. #ForexMarket #USD #EconomicData
EUR/USD dips near 1.0700 as the US Dollar gains strength on a hawkish Fed outlook and robust economic data. Meanwhile, the ECB’s dovish signals and weaker eurozone growth weigh on the Euro. Geopolitical tensions further boost safe-haven demand for the Dollar, keeping pressure on the pair. Full analysis by Mitrade Team at www.mitrade.com/insights/news/live-news/article-1-1116173-20250912
