The EURUSD extended its recovery to 1.0740 in Tuesday’s European trading, with the major currency pair rising as growing optimism for the Fed to reduce interest rates twice this year has increased
Silver (XAGUSD) found temporary support near $31.20 in Thursday’s trading on Wall Street after correcting from a weekly high of $32.30. The white metal was supported and the Dollar declined further after
West Texas Intermediate (WTI) futures on NYMEX were moving higher towards a weekly high near $79.25 in Tuesday’s European trading. The crude oil price extended its winning streak for the third trading
The Dollar Index (DXY) seems to have entered a consolidation phase early Thursday after climbing to a weekly high near 105.00 on Tuesday. S&P Global will release preliminary May Manufacturing and Services
The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic
Growing expectations for a delay in the Federal Reserve’s policy pivot and escalating geopolitical tensions, fuelled an impressive US Dollar rally last week. After rising over 1.5% in the previous week and
The EURUSD pair fell further to 1.0720 Thursday after the European Central Bank decided to hold its Main Refinancing Operations Rate steady at 4.5%. The ECB was widely anticipated to keep its
Following Wednesday’s sharp decline, the US Dollar Index (DXY) continued to push lower on Thursday, with the negative shift seen in risk sentiment, helping the USD stay resilient against its rivals. US
The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest
