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
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
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
With the Federal Reserve expected to cut interest rates for the first time in four years, the AI sector – which is experiencing a dip – is primed for a significant rally,
The US Federal Reserve will conclude its two-day policy meeting and announce the interest rate decision on Wednesday. For the first time in a very long time, markets are unsure about what
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to
By Naeem Aslam US and European futures are lower on Monday as traders embrace big economic data, while also digesting the economic data out of China over the weekend. The Chinese Manufacturing
EURUSD recovered its recent losses from the previous session, trading around 1.1170 in Asian markets on Tuesday. This follows the currency pair hitting 1.12 for the first time in 2024. Optimism prevails
The EURUSD currency pair eased to 1.1130 Thursday, from a fresh year-to-date high of 1.1175 posted on Wednesday, falling slightly as weak German flash HCOB Composite PMI for August and soft Q2 Eurozone Negotiated Wage Rates
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
