EUR/USD eases to approximately 1.1560 during the early Asian session on Monday. Iran has stated that it will strike the energy facilities in the region should the US or Israel target power plants. Market participants anticipate that the ECB will implement an interest rate increase as soon as April, driven by escalating inflation concerns stemming … Read more
The Euro continues to decline on Thursday following the European Central Bank’s decision to keep rates steady in a rather uneventful monetary policy meeting. The jobs data in the United States came in below expectations, leading to increased speculation regarding potential rate cuts by the Federal Reserve. The EUR/USD is currently at 1.1777, reflecting a … Read more
The Euro experiences a decline in the North American session, decreasing by over 0.10% as the Dollar rebounds from the losses incurred on Tuesday. Robust US business activity data presents a challenge for the EUR/USD pair. The recent inflation report from the Eurozone, which came in softer than anticipated, raises the likelihood that the European … Read more
The EUR/USD pair experienced a decline during the North American session, falling by 0.75%. This movement is attributed to a broader strengthening of the US Dollar, influenced by Trump’s moderate-hawkish selection to head the Federal Reserve and an inflation report that supports the case for maintaining steady interest rates by the Federal Reserve. Currently, the … Read more
EUR/USD experienced a decline late Wednesday in the North American session, showing losses exceeding 0.30% as US President Donald Trump held back from his threats to impose tariffs on eight European nations amid discussions regarding Greenland. The EUR/USD pair experiences a decline of more than 0.30% following Trump’s decision to cancel the proposed tariffs associated … Read more