EUR/USD, EUR/GBP, and GBP/USD have all returned from a quiet Thanksgiving trading period. The markets were relatively calm during the holiday, with traders taking a break from the usual volatility. However, as trading resumes, we are seeing movement in these currency pairs.
The EUR/USD pair is showing some strength, with the euro gaining ground against the US dollar. This could be due to positive economic data coming out of the Eurozone, as well as a weaker US dollar. Traders will be keeping a close eye on any developments that could impact this pair in the coming days.
Meanwhile, the EUR/GBP pair is experiencing some volatility as well. The euro has been fluctuating against the British pound, with traders trying to gauge the impact of Brexit negotiations on the currency pair. Any news regarding the UK’s exit from the European Union could cause significant movement in this pair.
Lastly, the GBP/USD pair is also seeing some action as trading resumes. The British pound has been under pressure recently due to uncertainty surrounding Brexit and concerns about the UK economy. Traders will be monitoring any developments that could affect the pound’s value against the US dollar.
Overall, as trading picks up after Thanksgiving, traders will be closely watching these currency pairs for any signs of movement or trends that could impact their trading decisions.