forex picks

The EUR/USD pair tries hard to build on Friday's recovery, although finds some from broad based US dollar weakness in tandem with weaker US treasury yields. Currently, EUR/USD trades modestly higher at 1.0458, unable to chew offers lined up near 1.0470 region. The main currency pair clung on to...

The GBP/USD pair is seen extending previous losses, as the bears remain in control amid risk-off markets, which dampen the sentiment around the higher-yielding currency GBP. The major trades largely subdued, despite broad based US dollar weakness, as investors shift to the side-lines and...