Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce monetary policy decisions, and later in the day, the US economic
The EURUSD pair is trading flat in the early European session on Thursday after the first cut in U.S. interest rates in four years. The major pair initially edged higher to monthly
The EURGBP cross remains steady around 0.8420 on Tuesday during European trading. The European Central Bank rate cut and lower growth forecasts might further weigh on the Euro in the near term,
EURUSD was exchanging hands in the 1.1040s, trading higher on Wednesday amid a broad-based weakening in the US Dollar following the Trump-Harris presidential election debate. Most analysts agree that Vice President Kamala
The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session. The major cross bounced back sharply on Wednesday after the release of
EURUSD recovered its recent losses from the previous session, trading around 1.1170 in Asian markets on Tuesday. This follows the currency pair hitting 1.12 for the first time in 2024. Optimism prevails
The EURUSD rallied sharply after hitting a daily low of 1.110,5 as Federal Reserve Chairman Jerome Powell said, “the time has come for policy to adjust,” opening the door to ease policy.
The EURUSD currency pair eased to 1.1130 Thursday, from a fresh year-to-date high of 1.1175 posted on Wednesday, falling slightly as weak German flash HCOB Composite PMI for August and soft Q2 Eurozone Negotiated Wage Rates
The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later
The EURUSD pair rebound to near the psychological resistance of 1.1000 in Friday’s New York session. The major currency pair bounced back as the US Dollar declined with investors gaining confidence that
