The USD Index (DXY) took a hit, nearing yearly lows as sellers dominate the market. Investors are anticipating a dovish message from Powell at Jackson Hole, leading to further decline
EUR/USD has surged to new highs in 2024, surpassing 1.1100 as the US Dollar continues to decline. The latest inflation data from the Eurozone matched expectations, adding to the bullish
Europe's current account surplus has soared to EUR 51 billion in June, reaching a staggering EUR 370 billion over the past 12 months. With a surplus equivalent to 2.5% of
As the EUR/USD pair continues to trade within a narrow range of 1.10 to 1.06 for most of the year, there are signs indicating a possible shift in the trend.
EUR/USD Forecast: Dollar Under Pressure as Markets Await Fed Rate Cut US Dollar remains under selling pressure as market sentiment remains positive. Stable macroeconomic data and expectations of a rate
The Euro (EUR) showing marginal loss as EUR/USD consolidates around yearly highs The Euro (EUR) is currently experiencing a slight decrease in value on the market, but the EUR/USD pair
As the EUR/USD continues to climb without much news, the question on everyone's mind is whether the euro will finally break out of its 18-month trading range. According to ING's
EUR/USD remains near a seven-month high just below the key level of 1.1100 as the US Dollar continues to weaken. Market sentiment is leaning towards a potential rate cut by
As the world's leading investment manager and financial market journalist, I bring you the latest insights from Germany's central bank, the Bundesbank. In its monthly economic report, the Bundesbank projects
EUR/USD has been trading in a tight channel below 1.1100 on Tuesday, with the potential for a correction lower if the key support at 1.1060 fails to hold. The USD's