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EUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early...
At the end of the week, the US dollar is hovering around an eight-week low against the euro, but trading activity remains subdued. Everyone is conserving energy ahead of this evening's May employment...
The euro is drifting on Friday. EUR/USD is trading at 1.0892 in the European session, up 0.04% on the day. We could see some movement from the euro in the North American session, with the release of...
The European Central Bank cut all three of its key interest rates by 25 points, which is in line with market expectations. The ECB has kept rates unchanged for the past nine months and tightened...
The euro is showing limited movement ahead of the ECB rate decision later today. EUR/USD is trading at 1.0879 in the European session, up 0.10% on the day. ECB Likely to Cut, But Then What? Barring a...
The euro has posted slight losses on Monday. EUR/USD is trading at 1.0835 in the European session, down 0.11% on the day. Eurozone Manufacturing Close to Stabilizing The eurozone manufacturing sector...
After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut from the European Central Bank...
Expectations for a Fed rate cut have strengthened somewhat. ECB is almost certain to cut interest rates this week and eyes will be on Lagarde. Meanwhile, the Japanese Finance Ministry report...
• EURUSD rebounds off 1.0800 and 200-day SMA• Trades within narrow range• MACD and RSI lack directionEURUSD is currently moving sideways within a two-week consolidation area with upper boundary the...
Gold Falls by 1% as US Dollar StrengthensGold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report. The DXY strengthened...
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