Dollar climbs as Fed rate cut bets recede- again

Once again, markets are abuzz over prospects of the Federal Reserve potentially holding off on interest rate cuts for longer than initially anticipated. The U.S. dollar has continued powering higher on Tuesday, hovering near a … Read more

EUR/USD rebounds from lows on dovish Fed views

The euro rebounded against the dollar on Friday after initially hitting a low of 1.0877, with EUR/USD later turning positive and reaching a high of 1.1000. Investors believe U.S. jobs data indicates slowing that will … Read more

EUR/USD higher as economic data signals downturn easing

The euro climbed against major currencies on Thursday following data indicating the euro zone’s economic decline may be moderating, although with U.S. and Japanese markets closed for holidays thin liquidity has kept price action choppy. … Read more

Sliding dollar hits new lows against euro, yen

The US dollar slipped to fresh lows against a basket of major currencies on Tuesday, as broad weakness gripped the greenback ahead of the Federal Reserve’s meeting minutes. The dollar index, which tracks the dollar … Read more

Dollar takes breather as month-end flows ensue

The dollar faced a marginal decline against a basket of currencies on Friday, impacted by routine month-end rebalancing flows in the market. However, its robust standing was underscored by recent data reinforcing the solidity of … Read more

EUR/USD bucks the trend, rises amid risk aversion

The EUR/USD pair continues to display resilience in the face of escalating market risk aversion, contrary to expert forecasts. Trading on the EBS platform, the pair moved from 1.0565 to 1.0595, confounding expectations of a … Read more