The euro held steady at $1.3077, not far from a 12-week high of $1.3107 hit on Thursday, when data showed a jump in euro zone economic sentiment to a 28-month high and a decline in German unemployment.
GBP/USD - GBP recovery woes push traders to sell the U.S. dollarUK Mortgage Approvals are expected to fall for the second consecutive month in June while Net Consumer Credit growth slows from the previous month over the same period.
EUR/USD - Greenback inactivity helps Euro rise in style....The Euro hit a one-week high against the US Dollar as risk appetite held up overnight.
GBP/USD - Momentum holds USD while GBP continue to mount.....The Pound remains trading higher, supported by improved market confidence, and moving at 3-month highs above 1.5470, with room for further appreciation, according to technical analyst at Commerzbank.
EUR/USD - Euro looking to break 1.30 level against sluggish U.S. Dollar.The combination of growing confidence in Europe’s economy and mounting evidence of a slowdown in the U.S. is driving euro bears into hiding.
GBP/USD - Momentum holds U.S. dollar while GBP starts to accelerateThe British pound climbed against the dollar before an economic report that’s expected to show the pace of economic growth doubled in the second quarter.
EUR/USD - USD continues to gain due to little thrust on Euro.......The Euro and the British Pound consolidated NY-session losses in overnight trade, with the single currency tracking sideways in a narrow range above 1.2750 while the UK unit oscillated within 30 pips above 1.5160.
EUR/USD - USD runs out of steam as EUR expected to continue.......The euro’s gains are close to petering out amid “fragile market confidence,” Royal Bank of Scotland Group Plc said.
GBP/USD - Momentum holds U.S. dollar while GBP continue to riseThe British Pound pared the rally from earlier this week and slipped to a low of 1.5357 during the European trade as investors scaled back their appetite for risk, and the shift in market sentiment may drag the exchange lower
EUR/USD - USD slows down as Euro continue to accelerateThe euro weakened after Moody’s Investors Service lowered Ireland’s sovereign debt rating by one notch, fueling demand for perceived safer currencies such as the dollar and Japanese yen.