The EUR/USD pair experienced a slight decline on Wednesday, closing 0.04% lower following the release of the US inflation report. The core consumer price index (CPI) remained unchanged in August, suggesting a potential pause in the Federal Reserve's...
Fundamental Outlook of EUR/USD The EUR/USD currency pair is currently navigating a difficult landscape, influenced by several factors. A major element affecting the pair is the growing expectation that the European Central Bank (ECB) may lower...
The spot price has gained momentum recently, driven by a significant recovery in oil prices amid escalating tensions in the Middle East. On Wednesday, West Texas Intermediate (WTI) futures on NYMEX surged nearly 4.5% in a single trading session....
The pair experienced a fluctuating first session on Thursday, initially drawing interest from dip-buyers. However, it struggled to maintain momentum above the 142.30 mark and capitalize on its upward movement. Currently, the pair trades with a mild...
The currency pair has shown modest gains, hovering around 1.3580 during the early Asian trading hours on Thursday. This uptick in the exchange rate comes despite a recent decline in crude oil prices, which has put some pressure on the...