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The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These adjustments will reduce borrowing...
The gold (XAU) price declined by 0.13% on Tuesday as the U.S. dollar strengthened ahead of today's Federal Reserve's (Fed) policy rate decision. 'Gold is seeing some exhaustion to the upside as...
Yesterday’s Bank of Japan (BoJ) decision to exit the negative rates went quite smoothly for equities and bonds, relatively disquieting for the yen.The USD/JPY spiked past 151.50 this morning on...
The euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%.ECB Members Signal Rate...
As of Wednesday, the EUR/USD pair is hovering near 1.0925 after experiencing a volatile session, with expectations for a more subdued week ahead. Recent statistical data highlighted...
EUR/USD trades neutral as US CPI inflation data loomShort-term upleg intact but risks remain below 1.0968EUR/USD has been capped below the 50% Fibonacci retracement of the 2020-2022 downtrend at...
ECB Expected to Hold Rates at 4%The euro is barely making a peep on Thursday, ahead of the European Central Bank’s decision later in the day. In the European session, EUR/USD is trading at...
The EUR/USD faces a crucial period with the ECB rate decision today, setting the stage for a directional move. The US dollar weakening suggests a potential short-term peak, creating a favorable...
It's going to be an important day for the ECB, when they will announce their latest policy decision. Market and speculators know that ECB is somehow hawkish, so EURUSD has gained some moves ahead of...
Gold Sets an All-Time High on Rising Rate Cut Expectations and Persistent Geopolitical Risks The gold (XAU) price rose 0.59% on Wednesday as investors continued to expect an easing of the US monetary...
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