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 jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The DXY Index, which tracks the greenback’s value against
The price of Silver (XAGUSD) extended its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday. The price of the grey metal
The action in foreign exchange markets remain choppy on Wednesday as investors refrain from taking large positions ahead of key events. Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde
EURUSD is trading sideways at the start of the week, slightly above the psychological support of 1.0500. The major currency pair consolidates as the US dollar rally stalls after posting a fresh
By Naeem Aslam European and US markets traded a bit mixed Tuesday due to conflicted emotions following the Federal Reserve Chairman’s failure to meet market expectations on Monday night. But smart money
After witnessing a solid turnaround in U.S. markets on Wednesday, the Dollar pauses its recovery and remains in a consolidative mode heading into the European trading on Thursday. Traders turn cautious and
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 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.
