Dollar weakens despite Trump tariff threats

EURUSD rose to near 1.0440 as the US dollar declined in Thursday’s European session, with the DXY Dollar Index, which tracks the greenback’s value against six major currencies, falling to near 106.90. The dollar

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Euro wobbles ahead of Fed Powell’s testimony

The EURUSD currency pair ticked higher but is broadly sideways around 1.0300 in Tuesday’s North American session as investors await the Federal Reserve Chair’s testimony before Congress. Investors will pay close attention to

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Dollar retreats, gold revisits record-high

After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early Wednesday, while investors continue to scrutinise comments from central

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ECB rate cut creates new risks for investors

The European Central Bank’s decision to cut its benchmark interest rate to 2.75% underscores the persistent economic stagnation gripping the Eurozone, warns deVere Group, one of the world’s leading independent financial advisory and

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