The Euro (EUR) is edging lower against the British Pound (GBP) at the start of a quiet trading week, with several markets closed for Easter Monday. Risk sentiment remains fragile, largely due to rising concerns over a potential escalation in the Iran conflict. At the time of writing, the pair
The Euro (EUR) is trading slightly higher against the British Pound (GBP) on Thursday, holding above the 0.8650 level. However, the pair remains range-bound as weak German economic data offsets the support coming from hawkish European Central Bank (ECB) commentary. Bundesbank President Joachim Nagel stated that a rate hike in
The Canadian Dollar (CAD) is trading slightly higher against major currencies during Friday’s Asian session, recovering modestly after Thursday’s sharp decline. The USD/CAD pair has slipped to around 1.3735, attempting to pull back from recent highs, though it remains close to its two-week peak of 1.3748. The earlier weakness in
The EUR/USD pair moved slightly higher on Thursday, trading near 1.1470 during the early European session. The Euro showed mild strength against most major currencies as traders awaited the European Central Bank’s policy decision later in the day. The ECB is expected to keep interest rates unchanged. The deposit rate
Gold prices slipped below the $4,800 level on Thursday, hitting their lowest point in over a month. The decline came as the US Dollar stayed strong after the Federal Reserve signaled a tough stance on inflation, making gold less attractive to investors. Although gold saw some small gains earlier in
The EUR/GBP pair moved lower in early European trading on Wednesday, falling to around 0.8635 and ending a four-day winning streak. Traders are holding back from making strong moves as they wait for key interest rate decisions from the European Central Bank and the Bank of England, both scheduled for