The EURUSD pair struggles to capitalise on the previous day’s bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains and minor losses during the
Gold consolidates losses at nearly seven-week lows below $4,500 on Wednesday, trading at $4,478, as the DXY Dollar Index tests six-week highs at the 99.45 area. Safe-haven flows on concerns about further
The Federal Reserve appears to be making its position clear: interest rate cuts are not imminent, warned the CEO of one of a eading financial advisory and asset manager. The deVere Group’s Nigel
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
Investors observed heightened volatility in some currencies on Wednesday following key data releases and central bank decisions. In the second half of the day, housing starts and building permits data for January
The Federal Reserve’s FOMC minutes signal that officials are hawkish, “and we’re not likely to see more than one rate cut in 2025 – at most,” according to the CEO of a
The EURUSD currency pair moves lower below 1.0300, but remains within inside Wednesday’s trading range in Thursday’s European session. The Euro exhibits a mixed performance against other peers as an expected growth
