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EUR/USD trades within familiar levels at around the 1.0300 mark, although the US Dollar pushes marginally higher in a quiet, holiday-inspired American session. Focus shifts to US Nonfarm Payrolls on Friday The EUR/USD pair is down for a third...
GBP/USD trimmed part of its early losses and trades around 1.2300 after setting a 14-month-low below 1.2250. The pair recovers as the UK gilt yields correct lower after surging to multi-year highs on a two-day gilt selloff. Markets keep an eye on...
Eurostat's latest data reveals that the Eurozone economy grew by 0.9% year-on-year in the third quarter, exceeding expectations. Germany, the region's largest economy, played a pivotal role in this growth by avoiding a technical recession....
The forex market responded swiftly to the nomination of Scott Bessent as the US Treasury Secretary, with a temporary rise in US Treasury bond yields. However, this initial market reaction quickly faded, giving way to broader influences. Geopolitical...
