The currency pair has been struggling in recent sessions, with the Euro losing ground against the Dollar. As of Wednesday’s early trading, the price dipped to around 1.0500, marking a notable decline. The Euro's weakness was driven by a budget...
Traders have slightly increased their expectations for a rate cut by the U.S. Federal Reserve following the latest PCE inflation report. According to the CME FedWatch tool, there is now a 70% chance of a 25 basis point (bps) reduction, with a 30%...
The currency pair is under significant pressure, with trading down to around the 0.5750 mark. This decline comes as the Dollar strengthens across the board, following the announcement that Republican nominee Donald Trump won the US presidential...
The euro's recent bullish momentum has stalled, causing the EUR/USD pair to dip below the 1.0500 level. This downturn was triggered by a combination of factors, including mixed economic data from Europe and the United States, as well as anticipation...
The Cable showed initial strength against the Dollar yesterday, briefly reaching a three-day high of 1.2730 in the North American session. However, the price quickly reversed course as the Dollar staged a rebound in a relatively quiet trading day,...
