News
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EUR/GBP Price Forecast: Euro bears eye support near 0.8700
A previous EUR/GBP recovery attempt seen on Monday has been short-lived, and the pair found sellers ahead of the 0.8740 area before retreating sharply during the European trading session. The Euro is trading at 0.8710 at the time of writing, only a few pips above the two-month lows, at 0.8705.
Fxstreet
Mon, Dec 29
Sterling steady near recent highs on dollar and euro
LONDON, Dec 29 (Reuters) - The pound held steady against both the dollar and the euro in thin holiday trading on Monday with little in the way of scheduled events that could move the currency until the new year. Sterling was last up 0.07% on the dollar at $1.35091, a touch below the three-month high...Reuters
Mon, Dec 29
EUR/GBP trades slightly lower as BoE supports Pound, ECB steadies Euro
EUR/GBP trades around 0.8715 on Monday at the time of writing, slightly lower for the day. The cross pauses following the previous session’s gains, as the Pound Sterling (GBP) benefits from a cautious yet relatively firm tone surrounding the monetary policy outlook of the Bank of England (BoE).Fxstreet
Mon, Dec 29
Kremlin says Ukraine should withdraw troops from Donbas, and a Putin-Trump call expected soon
MOSCOW, Dec 29 (Reuters) - The Kremlin said on Monday that Ukraine should withdraw its troops from the part of Donbas that it still controls if it wanted peace, and that if Kyiv did not strike a deal then it would lose yet more territory. Putin and Trump spoke on Sunday ahead of Trump's meeting ...Reuters
Mon, Dec 29
FOREX-Yen strengthens slightly after BOJ minutes, traders still on intervention watch
BOJ report shows many board members saw need for rate hikesUkraine talks, China live-drill preparations take centre stageFed minutes highlight thin data calendarBy Rocky Swift and Alun John TOKYO/LONDON, Dec 29 (Reuters) - The yen recovered some ground on Monday following a drop late last week as...Reuters
Mon, Dec 29
Kremlin says Ukraine should withdraw troops from Donbas, and a Putin-Trump call expected soon
MOSCOW, Dec 29 (Reuters) - The Kremlin said on Monday that Ukraine should withdraw its troops from the part of Donbas that it still controls, and that a call between Russian President Vladimir Putin and U.S. President Donald Trump would take place very soon.Putin and Trump spoke on Sunday ahead of T...Reuters
Mon, Dec 29
Silver Price Forecasts: XAG/USD drops below $75.00 after Trump - Zelenkyy’s meeting
Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
Fxstreet
Mon, Dec 29
USD/CAD Price Forecast: Attracts bids below 78.6% Fibo retracement at 1.3670
The USD/CAD pair trades 0.18% higher to near 1.3700 during the European trading session on Monday. The Loonie pair gains as the Canadian Dollar (CAD) is under pressure amid thin liquidity in markets at the start of a holiday-shortened week.
Fxstreet
Mon, Dec 29
Pound Sterling trades calm near recent highs amid hopes of BoE moderate easing cycle
The Pound Sterling (GBP) trades calmly against its major peers at the start of the last week of 2025, holding steady around 1.3500 against the US Dollar (USD). The British currency remains broadly firm as investors expect the Bank of England (BoE) to follow a moderate monetary easing cycle in 2026.
Fxstreet
Mon, Dec 29
GBP/JPY Price Forecast: Pound fails at the 211.50 area, drifts toward 210.05
The Yen is trimming recent losses against its main peers on Monday, which has triggered a nearly 100-pip reversal on the GBP/JPY. The pair is trading near 210.50 at the time of writing after pulling back from session highs at 211.43.
Fxstreet
Mon, Dec 29
USD/JPY Price Forecast: Falls toward 156.00 after breaking below nine-day EMA
USD/JPY retraces its recent gains registered in the previous session, trading around 156.10 during the European hours on Monday. On the daily chart, technical analysis indicates the 14-day Relative Strength Index (RSI) sitting at 52.80 (neutral) after easing from recent readings.Fxstreet
Mon, Dec 29
EUR/USD drifts away from three-month highs in thin year-end trading
EUR/USD is trading lower for the fourth consecutive day on Monday, changing hands near 1.1770 after having peaked at levels right above 1.1800 last week, as the US Dollar (USD) recovers slightly in a calm trading session.
Fxstreet
Mon, Dec 29
INSIGHT-The tenuous peace between Trump and the $30 trillion US bond market
By Davide Barbuscia NEW YORK, Dec 29 (Reuters) - Since President Donald Trump's 'Liberation Day' tariffs pushed the U.S. bond market into revolt in April, his administration has carefully tailored its policies and messaging to prevent another flareup. But the truce remains fragile, so...Reuters
Mon, Dec 29
FOREX-Yen stages a partial recovery as BOJ hikes, intervention risks weighed
BOJ report shows many board members saw need for rate hikesUkraine talks, China war take centre stageFed minutes highlight thin data calendarBy Rocky Swift TOKYO, Dec 29 (Reuters) - The yen recovered some ground on Monday following a steep drop at the end of last week as markets weighed the timin...Reuters
Mon, Dec 29
EUR/GBP stays below 0.8750 as eyes focus on ECB, BoE outlook
EUR/GBP inches lower after registering gains in the previous session, trading around 0.8720 during the early European hours on Monday. The currency cross depreciates as the Pound Sterling (GBP) gains on a cautious tone surrounding the Bank of England’s (BoE) policy outlook.Fxstreet
Mon, Dec 29
EUR/JPY weakens below 184.00 as BoJ signals further tightening
The EUR/JPY cross attracts some sellers to around 183.80 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as the Bank of Japan’s (BoJ) Summary of Opinions from the December policy meeting reinforced expectations of continued tightening in 2026.
Fxstreet
Mon, Dec 29
