EUR/USD Trading Sideways Below 1.1100 Ahead of Key Inflation Data EUR/USD is maintaining a tight range below 1.1100 as investors eagerly await crucial inflation data from both the Eurozone and
The EUR/USD pair is showing strength near 1.1080 in the early Asian session on Friday, bouncing back after a two-day decline. The positive momentum comes after the US Gross Domestic
Title: Strong Dollar Rises on Robust Economic Data, PCE Numbers Awaited The Greenback continues its upward trajectory fueled by rising yields and better-than-expected economic indicators, including GDP figures and labor
EUR/USD Breaks Key Support Level as Dollar Gains Momentum The EUR/USD pair dipped below the critical 1.1100 support level, hitting multi-day lows amid a strong rebound in the US Dollar.
German inflation unexpectedly fell more than expected in August, raising concerns about the Eurozone economy and the European Central Bank's (ECB) monetary policy path. The upcoming release of the Eurozone
EUR/USD Price Update: German Inflation Falls, US GDP Revised Upward German inflation falls more than expected, increasing by 1.9% YoY in August. US Q2 Gross Domestic Product revised upward to
Last week, the number of US citizens applying for unemployment insurance benefits increased by 231K, according to the latest report from the US Department of Labor. While this figure was
Recent regional CPI data from Germany has raised concerns about the upcoming national data, with expectations of unchanged month-on-month figures and a decrease in year-on-year numbers. Chief FX Strategist Shaun
As the USD continues to trade lower against its major currency counterparts, the DXY is showing a small gain due to the underperforming EUR, according to Scotiabank’s Chief FX Strategist
EUR/USD is experiencing a significant downturn, dropping below the key support level of 1.1100 during the European trading session. This decline comes as preliminary inflation data from Spain and six