Investors are adopting a cautious stance mid-week while navigating through the latest headlines surrounding the US trade policy. Later in the American session, the Federal Reserve will publish the minutes of the
EURUSD has drifted lower from Monday’s highs at 1.1450 and is moving at 1.1410 in Tuesday trading. The Eurozone Consumer Prices Index (CPI) reading for May has shown lower-than-expected inflationary pressures, which
The US dollar could slide by as much as 10% over the next 12 months, according to analysts at independent financial advisory and fintech deVere Group. This follows a growing chorus of
Following Thursday’s decline, the US dollar gathered strength against its rivals early Friday as markets assess the latest headlines surrounding the US-China trade relations. Statistics Canada will release Retail Sales data for
The Euro-dollar currency pair recovered strongly to near 1.1390 in European trading on Wednesday after a slight correction the previous day. EURUSD strengthens as the US dollar resumes its downside journey after
The euro-dollar currency pair demonstrates a sideways trend near 1.1350 during European trading on Tuesday after a sharp run-up in the last few days. EURUSD consolidates as the US dollar gains a
The Pound Sterling lost ground against the Dollar as US Liberation Day approaches on Wednesday, when President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2. By
EURUSD found cushion around 1.0780 and rose to near 1.0820 in European trading on Tuesday. The major currency pair remains well bid even though the Euro trades cautiously on expectations that the European Central
The Pound Sterling advanced 0.31% as the greenback weakened on Monday, testing last week’s high of 1.2987. Investors eye crucial monetary policy decisions by the US Federal Reserve and the Bank of
The US dollar suffered large losses against its major rivals to begin the month of March as the disappointing macroeconomic data releases, combined with the Trump administration’s tariffs, revived fears over an
