The EURUSD currency pair consolidated around 1.0300 in Thursday’s North American session. The major currency cross trades sideways, following the US Dollar footprints, while the DXY Dollar Index wobbles around 109.15. The DXY
“The sharp drop in US jobless claims is a wake-up call for investors,” said Nigel Green, CEO of deVere Group, a leading independent financial advisory and fintech, after the latest data from the
The USDJPY pair bounced back from the intraday low of 156.43 in the North American session on Thursday. The dollar posted a fresh two-year high, with the DXY Dollar Index rising above
The European Central Bank (ECB) and the Swiss National Bank (SNB) will announce monetary policy decisions following the last policy meeting of the year on Thursday. Later in the day, weekly Initial
The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment
EURUSD slumped below 1.0900 in Thursday’s American trading. The major currency pair weakened as the Dollar recovers strongly on soft US Initial Jobless Claims data for the week ending August 2. Individuals claiming jobless benefits for the
By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest
By Craig Erlam Stock markets were modestly higher on Thursday, recovering some of Wednesday’s losses as investors seemingly struggle to determine where things stand. There’s a desperate desire to cling on to
By Craig Erlam We saw a more muted session in financial markets on Thursday following a couple of days in which investors have been very encouraged by the economic data. Inflation figures
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of positivity was in the air on Thursday thanks to dovish comments by the Federal Reserve overnight, the US Senate voting to
