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
By Naeem Aslam European and US stock futures are trading near the flat line as investors are more in profit-take mode after Wednesday’s stellar rally on Wall Street. The focus continues to
The Euro-dollar currency pair is exhibiting weakness near 1.0850 on Thursday, as the EURUSD faces sharp selling pressure ahead of the European Central Bank’s interest rate decision. Traders expect the ECB to
EURUSD exchanged hands in the 1.0920s on Monday, marginally down on the day, as the US Dollar attracts safe-haven flows on the back of increasing geopolitical risks stemming from Taiwan, where the
EURUSD is exhibiting a weak performance in Thursday’s European trading after diving below the key support of 1.0950 on Wednesday. The major currency pair remains under pressure as the Dollar clings on
EURUSD is skating on thin ice near the eight-week low of 1.0950 on Wednesday, with the major currency pair staying under pressure as the US Dollar gathers strength to extend its previous
EURUSD edged higher Tuesday amid a mild correction in the Dollar, rising to near the psychological resistance of 1.1000. The major currency pair recovered mildly as the USD faces a slight correction,
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
The EURUSD currency pair is under pressure, trading in the 1.1060s on Wednesday, after the pair fell from 1.1135 on Tuesday, in a sell-off that amounted to a 0.60% one-day decline. Lower-than-expected
The Euro-Dollar currency pair struggles to hold the key support of 1.1100 in Tuesday’s European session after a sharp decline on Monday. EURUSD remains under pressure as Monday’s flash HCOB Purchasing Managers
