Upbeat dollar on Trump landslide victory

EURUSD slightly recovered to 1.0750 after nosediving to near 1.0700 in Wednesday’s European trading, the lowest level in four months. The major currency pair was hit badly as Republican Donald Trump took

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ECB rate cut piles pressure on Euro

The European Central Bank has lowered interest rates for the third time this year, as inflation in the eurozone shows signs of easing and the economy struggles to regain momentum. Thursday’s quarter-point

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ECB cuts interest rates by 25 bps

The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis points (bps) to 3.25%. The ECB reduced

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