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Fed statement and press conference key this week. US jobs report eyed, wages in particular. EURUSD bearish momentum increases. This could be a pivotal week for the US at the start of what is a huge...
The euro is in positive territory on Friday. In the European session, trading at 1.0846 in the European session.ECB Maintains Interest RatesTo nobody’s surprise, the European Central Bank left...
ECB leaves rates on hold Lagarde still eyeing summer rate cut EUR/USD consolidating after correction The European Central Bank left interest rates on hold on Thursday and claimed inflation is...
The European Central Bank left monetary policy unchanged, keeping the key rate at 4.5% since September. Much of the focus of the Q&A session revolved around the timing of the first decline, with...
The euro is showing limited movement on Thursday. In the European session, EUR/USD is trading at 1.0895, up 0.10%.Eurozone PMIs, released on Wednesday, pointed to trouble in the manufacturing and...
European FX markets will today be monitoring how US asset markets react to the news that the Fed will not be renewing its Bank Term Funding Program. US regional banks will be in focus here. Elsewhere,...
· EURUSD rebounds off 200-day SMA · But, remains beneath the rising trend line...
Gold May Drop Below 2,000 Due to the US GDP ReportThe gold (XAU) price fell by 0.79% on Wednesday after upbeat reports on US business activity. Yesterday, gold had its most significant drop in a...
The EUR/USD formed a wedge bottom yesterday, which led to a sharp reversal during the early morning hours. Because of the wedge bottom and today’s strong reversal up, the odds favor at least a...
Gold Continues to Move Sideways as Investors Await Critical Inflation DataIn the absence of any major macroeconomic reports from the US, the gold (XAU) price continued to rise on Tuesday, gaining...
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