The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable
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 extended its downside to near five-month low around 1.0660 on Friday, with the major currency pair falling sharply on firm speculation that the European Central bank will begin reducing interest
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 EURUSD pair is attracting buyers for the third successive day on Thursday and climbing to a one-and-half-week top, closer to mid-1.0800s during Asian trades. The US Dollar is extending this week’s
The EURUSD pair maintained its position around 1.0770 on Friday, extending losses for the fourth consecutive day. However, trading volumes were light as market participants were likely observing Good Friday. The Euro
The EURUSD pair edged higher on Wednesday after European Central Bank Executive Board member Piero Cipollone said that there was room to cut interest rates swiftly, despite elevated wage inflation. The pair
The Japanese Yen continued to weaken against the US Dollar, with the USDJPY pair reaching its highest level since 1990, near 152.00 early Wednesday. Investors will keep a close eye in the
The US Dollar suffered large losses against its major rivals in the American session on Wednesday as investors reacted to the Federal Reserve’s policy decisions and Chairman Jerome Powell’s remarks on the
The EURUSD pair declined to the lower 1.0800s on Wednesday, after several European Central Bank speakers, including President Christine Lagarde and Bank of Ireland Governor and ECB governing council member Gabriel Makhlouf, cited
