EUR/USD: Euro Logs Fresh Gains as Dollar Retreats
Euro bulls are marching forward in a Holiday-shortened week for European markets. The EUR/USD pair traded higher in the early…
NZD/USD Slides on Risk-Off Sentiment Triggered by OPEC
The NZD/USD currency pair is facing downward pressure as bears test dynamic support levels. On Monday, the pair fell…
GBP/USD Remains Positive Despite Testing 1.2400
The GBP/USD currency pair has been on an upward trend for the third straight week, remaining positive despite having tested…
EUR/USD battles medium-term uptrend line as bearish sentiment prevails
The EUR/USD pair is struggling to maintain its medium-term uptrend line, as it faced a new seven-week low of 1.0530…
Asian Currencies Tumble as Dollar Soars
The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as…
US Federal Reserve Board Member Warns Against Taxpayer Support for Crypto Asset Losses
On February 10th, at the “Digital Money, Decentralized Finance, and the Puzzle of Crypto” conference hosted by the Global Interdependence…
Markets on edge as global monetary policies take center stage
Asian currencies were largely unchanged on Monday, while the dollar remained steady, with investors keeping a close eye on monetary policy signals from…
UK PMI data indicates a solid recovery, leading to GBP/USD rally
The S&P Global/CIPS UK Manufacturing Flash PMI increased to 49.2 in February 2023 from 47 in January, beating market forecasts…
Home Depot’s Profit Outlook Drops Due to Decreasing Demand and Rising Inflation
Home Depot Inc., the largest home improvement chain in the United States, has issued a profit forecast for 2023 that…
Goldman Sachs Expects ECB to Raise Rates Three Times This Year
Goldman Sachs has revised its expectations for the European Central Bank (ECB), predicting that the central bank will raise interest…