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GBP/INR is declining in early trading Friday, but it continues to move sideways on larger timeframes. The pair is set to end the week slightly lower. At the time of writing, one British pound buys 96.049 Indian rupees, down 0.08% as of 7:20 AM UTC. Investors still focus on the extended Brexit talks and the […]

by Anatol Antonovici - Fri, 30 Oct 2020 08:03:33

GBP/EUR: Pound Edges Lower Around €1.1050

The Pound Euro exchange rate is heading lower on the final trading day of the week -0.2% at €1.1050. The pair is set for weekly losses of around 0.5% The Euro has been under pressure all week as covid cases surge and France & Germany impose another national lockdown. The ECB kept interest rates on […]

by Fiona Cincotta - Fri, 30 Oct 2020 07:30:18

GBP/EUR: Euro Set For Weekly Losses Ahead of GDP Data

Euro (EUR) under pressure as covid cases rise and ECB point to more stimulus in December Eurozone GDP data is expected to show a record breaking rebound in Q3 Pound (GBP) under pressure as more of the UK heads towards Tier 3 lockdown Brexit headlines have been broadly supportive The Pound Euro (GBP/EUR) exchange rate […]

by Fiona Cincotta - Fri, 30 Oct 2020 07:00:25

EUR/USD: Euro’s recent bounce to end with ECB-fuelled selloff

EUR/USD is steady for no apparent reason. A dovish ECB, surging covid cases in the rising eurozone and US election uncertainty could drag on the pair. Thursday’s four-hour chart looks bearish. Analysts widely believe that the ECB will leave policy unchanged. However events are moving quickly. Both Germany and France announced month-long nationwide lockdowns to […]

by Fiona Cincotta - Thu, 29 Oct 2020 20:42:23

GBP/USD Rallying After Wednesday’s Dip

GBP/USD trades back at 1.30 level after Wednesday’s selloff dragged the pair briefly below trendline support, although it quickly reversed. Brexit headlines and market sentiment after Wednesday’s “risk off” move that hit equity markets hard. GBP/USD STABLE AFTER DECLINE & RECOVERY GBP/USD trades in a more stable manner on Thursday after briefly spiking below a […]

by Fiona Cincotta - Thu, 29 Oct 2020 17:50:43

USD/JPY looks weak as bears target 104.00 mark

USD/JPY extends losses for a third straight session on Thursday. Covid fears boosted the safe-haven JPY adding pressure. A mild tick higher in the USD could limit deeper losses before US Q3 GDP . USD/JPY extended its steady intraday retracement slide from mid-104.00s and has now dropped back closer to five-week tops set in the […]

by Fiona Cincotta - Thu, 29 Oct 2020 17:39:11

EUR/USD holds 1.1700 post-ECB, Lagarde up next

ECB left rates unchanged, as expected EUR/USD trades lower around 1.1700 . Markets’ attention now shifts to Lagarde’s usual press conference. The Euro remained dispirited after the ECB rate decision on Thursday, EUR/USD keeping the pair around 1.17. EUR/USD steady ECB EUR/USD trades around 1.17the lower end of the weekly range, after the ECB left […]

by Fiona Cincotta - Thu, 29 Oct 2020 16:57:42

USD/INR: Indian Rupee Extends Losses On Virus Induced Pessimism

Indian Rupee (INR) tracks domestic equity market lower Sensex closed 0.5% lower on disappointing earnings & risk off trade US Dollar (USD) trends higher on safe haven inflows US Q3 GDP & jobless claims in focus The US Dollar Indian Rupee (USD/INR) exchange rate is extending gains for a second straight session on Thursday. The […]

by Fiona Cincotta - Thu, 29 Oct 2020 12:05:06

USD/PKR: Rupee Extends Gains, KSE 100 Tanks -3.15%

Pakistan Rupee (PKR) extends gains for 2nd session Pakistan Stock Exchange witnessed deep selling KSE 100 index closed -3.15% lower US Dollar (USD) trades higher versus major peers on sage haven flows US Q3 GDP expected to show record rebound 31% The US Dollar Pakistan Rupee (USD/PKR) exchange rate is extending losses for a second […]

by Fiona Cincotta - Thu, 29 Oct 2020 11:22:56

EU Stoxx 50 Poised For More Selling Amid Lockdown Fears

Equities sold-off in the overnight equity markets amid European lockdown. Asian markets follow the western lead. ECB meeting might trigger more selling in European equities. The lockdown news from several nations worried the equity markets and investors ran for cover during the US and European sessions yesterday and in the Asian session today. Australia’s ASX […]

by Stelian Olar - Thu, 29 Oct 2020 10:48:52

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Latest Currency News

GBP/INR Set to End Week Lower, Brexit and COVID Remain in Focus

GBP/EUR: Pound Edges Lower Around €1.1050

GBP/EUR: Euro Set For Weekly Losses Ahead of GDP Data

EUR/USD: Euro’s recent bounce to end with ECB-fuelled selloff

GBP/USD Rallying After Wednesday’s Dip

USD/JPY looks weak as bears target 104.00 mark

EUR/USD holds 1.1700 post-ECB, Lagarde up next

USD/INR: Indian Rupee Extends Losses On Virus Induced Pessimism

USD/PKR: Rupee Extends Gains, KSE 100 Tanks -3.15%

EU Stoxx 50 Poised For More Selling Amid Lockdown Fears