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.
By Naeem Aslam European and US markets are trading with caution as investors and traders wait for one of the most important economic events. Fed Chairman Jerome Powell is scheduled to deliver
The Federal Reserve must go big with a supersized 50 basis point interest rate cut in September to get ahead of a looming economic storm, warns the CEO of a leading independent
The EURUSD pair rebound to near the psychological resistance of 1.1000 in Friday’s New York session. The major currency pair bounced back as the US Dollar declined with investors gaining confidence that
West Texas Intermediate (WTI) crude oil prices are building on the overnight recovery from the $80.00 level, or a two-week low and gaining follow-through positive traction during Asian trading on Thursday. The
Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the next catalyst continues. Later in the day, Fed Chairman Jerome Powell will deliver the Semi-Annual Monetary Policy
EURUSD is clinging to gains above the crucial support of 1.0800 on Tuesday as the Dollar remains under pressure due to firm market speculation that the Fed will start reducing interest rates
The Euro-dollar currency pair soared to 1.0800 as the USD weakened Friday, with the greenback facing an intense sell-off as the U.S. Bureau of Labor Statistics reported weak labour demand and slowing wage growth in
