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GBP/USD holds above 1.3600 after UK data dump

GBP/USD holds above 1.3600 after UK data dump

\GBP/USD moves little while holding above 1.3600 in the European session on Thursday, following the release of the UK Q4 preliminary GDP, which showed a 0.1% growth against a 0.2% increase expected. The UK industrial sector activity deteriorated in Decembert, keeping the downward pressure intact on the Pound Sterling. 

EUR/USD stays defensive below 1.1900 as USD recovers

EUR/USD stays defensive below 1.1900 as USD recovers

EUR/USD trades in negative territory for the third consecutive day, below 1.1900 in the European session on Thursday. A modest rebound in the US Dollar is weighing on the pair, despite an upbeat market mood. Traders keep an eye on the US weekly Initial Jobless Claims data for further trading impetus. 



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Editors’ Picks

Gold sticks to modest intraday losses as reduced March Fed rate cut bets underpin USD

Gold sticks to modest intraday losses as reduced March Fed rate cut bets underpin USD

Gold languishes near the lower end of its daily range heading into the European session on Thursday. The precious metal, however, lacks follow-through selling amid mixed cues and currently trades above the $5,050 level, well within striking distance of a nearly two-week low touched the previous day.

Cardano eyes short-term rebound as derivatives sentiment improves

Cardano eyes short-term rebound as derivatives sentiment improves

Cardano (ADA) is trading at $0.257 at the time of writing on Thursday, after slipping more than 4% so far this week. Derivatives sentiment improves as ADA’s funding rates turn positive alongside rising long bets among traders.

Improved jobs picture fails to impress stock market as non-AI tech flails

Improved jobs picture fails to impress stock market as non-AI tech flails Premium

The uniformly positive news on the US jobs front on Wednesday was not mirrored by equity exuberance. Although the January US Nonfarm Payrolls of 130K arrived nearly double the 70K consensus, US stocks climbed down from their initial rally rather quickly.

PRESS RELEASES

New global brand Elev8 enters brokerage sector

New global brand Elev8 enters brokerage sector

Elev8, a new major brokerage brand, launched on 9 February. It was created by a group of companies that had previously operated under the Octa brand. However, the group recently made a key strategic decision to separate, determining that independence offered better growth prospects.

ATFX closes Q4 2025 with USD 817.4 billion trading volume, ending year on a high note

ATFX closes Q4 2025 with USD 817.4 billion trading volume, ending year on a high note

Finance Magnates’ Q4 2025 Intelligence Report highlights a steady rise for ATFX, which recorded USD 817.4 billion in MT4/MT5 trading volume in Q4, contributing to a remarkable total exceeding USD 3.17 trillion for 2025.

ITI and Westcliff University announce partnership to offer accredited master’s in trading degree

ITI and Westcliff University announce partnership to offer accredited master’s in trading degree

The International Trading Institute (ITI) and Westcliff University have announced a new academic partnership to offer a Master’s in Trading degree taught by ITI and awarded by Westcliff University under its institutional accreditation, creating a structured, graduate-level pathway for aspiring and experienced trading professionals.

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