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Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in European trading hours on Thursday. The GBP/USD pair exhibits strength as the risk premium of the US Dollar has diminished significantly, with investors expecting the United States (US) President Donald Trump’s...
Fxstreet
Mar 6, 2025
GBP/JPY declines to near 191.50 amid hawkish outlook for BoJ’s policy
GBP/JPY holds losses after registering gains in the previous four successive days, trading around 191.60 during the early European hours on Thursday. The decline comes as the Japanese Yen (JPY) strengthens in response to a hawkish outlook from the Bank of Japan (BoJ) on its monetary policy.
Fxstreet
Mar 6, 2025
EUR/GBP jumps above 0.8350, all eyes will be on ECB rate decision
The EUR/GBP cross trades in positive territory for the fourth consecutive day around 0.8380 during the early European session on Thursday. The easing fear of trade tariff plans from US President Donald Trump provides some support to the Euro (EUR). The European Central Bank (ECB) interest rate...
Fxstreet
Mar 6, 2025
USD/CHF moves back above 0.8900 mark; upside potential seems limited
The USD/CHF pair builds on the previous day's modest bounce from the vicinity of mid-0.8800s, or the lowest since December 12, and gains some follow-through positive traction for the second straight day on Thursday.
Fxstreet
Mar 6, 2025
Forex Today: Market attention turns to ECB policy decisions
Here is what you need to know on Thursday, March 6: Following another volatile trading day, financial markets remain relatively quiet early Thursday as investors await the European Central Bank's (ECB) monetary policy announcements.Fxstreet
Mar 6, 2025
EUR/USD maintains position around 1.0800 ahead of ECB policy decision
EUR/USD remains steady after registering gains for the last three consecutive sessions, hovering around 1.0790 during Thursday’s Asian trading hours. However, the Euro may face headwinds as the European Central Bank (ECB) is widely expected to implement another 25 basis point rate cut later in the..Fxstreet
Mar 6, 2025
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