EUR/USD experiences a rally for the second consecutive day, achieving gains exceeding 0.69% as the US Dollar is sidelined in light of US President Trump’s threats to impose duties on European nations amid his ambitions regarding Greenland. At the time of writing, economic data in Europe and the US is not the primary focus. The … Read more
EUR/USD moves upward on Monday, increasing by over 0.40% as traders move away from the US Dollar due to a decline in risk appetite. This shift follows Trump’s decision to intensify the US-European Union trade conflict, influenced by the White House’s interests in Greenland. The pair is currently trading at 1.1642, having recovered from daily … Read more
The EUR/USD pair experiences a decline despite the Dollar reducing some of its previous gains on Friday, influenced by robust US economic data released throughout the week, which has enhanced the labor market outlook. This reduced the likelihood of additional easing by the Federal Reserve, providing support for the Greenback. The pair is currently trading … Read more