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The Federal Reserve decided not to change interest rates for the first time in more than a year. However, some officials have hinted that another 50 basis points of rate hike could be introduced if...
The EUR/USD suffered a setback after the June PMIs revealed a slowdown in economic activity. Analysts were caught off guard by the contraction in French services, which dropped from 52.5 to 48.0 - far...
Eurozone and German PMIs weakened in June EUR/USD fell as much as 110 pips on Friday EUR/USD has taken a tumble on Friday. In the European session, the euro is trading at 1.0885, down 0.64%. The euro...
The USD is trading higher, making some nice gains for the last few sessions as stocks come lower after Powell said that it will be appropriate to raise rates one or two more times this year and added...
The EUR/USD pair is moving a tad lower on Tuesday after two consecutive daily declines as US traders return to their desks following Monday's holiday.At the time of writing, the EUR/USD pair is...
ECB’s Nagel says tightening could continue after July US inflation expectations fall to lowest level since March 2021 The euro has started the week quietly. EUR/USD is trading at 1.0917, down...
The EUR/USD pair reached a fresh one-month high on Friday and is headed to post its second weekly advance in a row following the Federal Reserve (Fed) and the European Central Bank (ECB) decisions on...
The ECB raised interest rates by another 25 basis points today and signaled there’s more to come as it significantly revised up its core inflation forecasts for this year and next. Prior to the...
The EUR/USD pair extended gains into a fourth consecutive day on Thursday following the European Central Bank's (ECB) decision to raise its main rates by 25 basis points, as expected.At the time of...
The euro survived a hawkish Fed pause and now faces an ECB rate decision that should contain a rate hike and a promise for more. The ECB is expected to raise all three of its key rates by 25bps, which...
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