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
EUR/USD is experiencing losses on Tuesday, despite the recent benign inflation data from the United States, suggesting that the Federal Reserve may indeed lower interest rates as anticipated by the financial markets. Currently, the pair is trading at 1.1642, reflecting a decline of more than 0.20%. The EUR/USD pair experiences a decline as robust US … Read more
EUR/USD breaks its seven-day losing streak as the Greenback faces widespread pressure. Concerns regarding the independence of the Federal Reserve are impacting the value of the US Dollar. The pair is exhibiting diminishing bearish momentum; however, it does not demonstrate strong bullish conviction beneath the 1.1700 psychological threshold. The Euro is showing signs of recovery … Read more