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The EUR/USD pair is gaining momentum as expectations rise for a jumbo Fed rate cut in November. Key economic data and Fed commentary this week will guide traders' strategies. Watch for critical...
Gold (XAU/USD) moved within the $2,650–$2,670 range on Wednesday as investors looked forward to a series of US macro data for further guidance on the Federal Reserve (Fed) monetary policy. Gold...
Gold’s status as a Central Bank and bank reserve asset is escalating. According to Bank of America, gold has surpassed the euro to become the second largest reserve asset after the US dollar. To be...
The EUR/USD was holding near the August high of 1.12 handle, still finding mild support from China’s announcement yesterday of large-scale stimulus measures. That announcement sent stocks surging and...
Will EUR/USD break the double bottom to the upside? Strong support at 1.1100 Stochastic and RSI look quite positive EUR/USD is continuing the upside rally near the 13-month high of 1.1200,...
Flash Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were much weaker than expected and increased pressure on the ECB to continue easing monetary policy.This is not the...
The euro has started the trading week with considerable losses. EUR/USD is trading at 1.1103 in the European session at the time of writing, down 0.50% on the day. Later today, we’ll get a look at US...
EUR/USD breaks above 1.1150 as the dollar weakens following the Fed's first rate cut in over four years. Market expectations for further easing support the euro's upward momentum against the...
German business sentiment deteriorated sharply in September, according to ZEW data. The relevant index fell to 3.6, the lowest level since October 2023. The situation was even worse for the component...
EUR/USD slows pace after a quick bounce to 1.1135 Short-term trendline in focus; technical bias remains positive US retail sales due at 12:30 GMT EUR/USD started the week on the right foot,...
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