US Dollar recovers after soft jobless claims

EURUSD slumped below 1.0900 in Thursday’s American trading. The major currency pair weakened as the Dollar recovers strongly on soft US Initial Jobless Claims data for the week ending August 2. Individuals claiming jobless benefits for the

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Dollar slides ahead of US NFP

Euro-Dollar edged higher to near the round-level resistance of 1.0800 in European trading on Friday, with the performance of the currency pair remaining weak in the past few days. EURUSD failed to

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Focus on Eurozone inflation and Fed policy

The EURUSD currency pair weakened to near 1.0835 in Monday’s European trading, declining amid uncertainty ahead of the Eurozone preliminary Harmonized Index of Consumer Prices (HICP) for July and the Fed’s monetary policy

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Sluggish Eurozone PMI weighs on Euro

The EURUSD currency pair weakened to near 1.0830 Wednesday, as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that composite numbers unexpectedly eased due to

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Traders await Eurozone consumer confidence

The Euro-dollar EURUSD currency pair is retracing recent gains, trading around 1.0870 on Tuesday, with markets awaiting the release of the leading consumer confidence data by the European Commission later in the

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Euro bulls gear up for ECB rate call

EURUSD rallied into fresh 18-week highs on Wednesday as market sentiment tilts firmly into the risk-on side ahead of the European Central Bank’s latest rate call later on Thursday. Broad market risk

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Trump’s ear stirs more uncertainty

There is a lot to digest from the shocking assassination attempt on former President Donald Trump over the weekend, with US politics, which was already very divided, now marred with violence, said

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