Key points: The euro slipped further below its weekly peak, driven by technical trading. The US dollar continues to gain strength, supported by strong economic data. Upcoming US GDP and PCE data are expected to influence market movements. The EURUSD …
Euro and the British pound trades directionless as forex markets react to China’s rate cuts and Biden’s election decision. Read more for market analysis and forecast
Key points: The dollar showed mixed performance after U.S. retail sales data, with traders eyeing potential Fed rate cuts in September. The New Zealand dollar gained 0.46% to $0.6078 due to higher-than-expected non-tradable inflation. The dollar experienced a mixed performance …
US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
Key points: Euro gains after France’s election, reflecting reduced fears of far-right fiscal policies. Yen declines as Japan’s revised economic data show a larger contraction. On Monday, the euro rose following the first round of France’s snap election, which put …
Key points: Yen shows minor weakness ahead of the BOJ policy decision. Euro faces weekly decline amid political turmoil in France. On Friday, the yen was on the defensive as traders awaited the Bank of Japan’s policy decision, while the …
Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …
Key points: The dollar index (DXY) remains close to an eight-week low ahead of a significant U.S. jobs report. Traders anticipate weaker jobs growth, which could influence future Federal Reserve rate cuts. The dollar hovered close to an eight-week low …
Key points: ECB expected to announce a 25-basis point interest rate cut on Thursday, the first since 2019. EURUSD is likely to face downward pressure with such a dovish stance from the ECB. The European Central Bank (ECB) is poised …
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