EURUSD pair closed last week’s trading session unchanged as investors and traders are sitting on the side following escalation between Israel and Iran after last weekend’s Iranian strikes on Israel and after last Thursday’s Israel’s strike on Iran. Speeches from...
EURUSD pair closed last week’s trading session lower amid divergence between the FED and the ECB. FED during their last minutes released last Wednesday and after members comments is poised not to cut interest rates in 2024 given the recent...
EURUSD pair closed last week’s trading session marginally higher after a choppy trading week. The upside move was due to traders and investors pre-position ahead of nonfarm payroll release. Although the upside was short-lived as hawkish comments from FED’s officials...
EURUSD pair closed last week’s trading session lower on better than expected economic releases in the US and hawkish comments from FED’s officials. The upbeat US GDP of 3.4% gave traction to the US Dollar and drove the pair lower....
EURUSD pair closed last week’s trading session lower on fears that ECB will cut rates as soon as in June meeting. FED maintained interest rates unchanged as it was expected, although, the minutes and the dovish press conference that followed,...
EURUSD pair closed last week’s trading session lower on upbeat US Producer price index and stable German Harmonized index of consumer prices. The gap between the 2 indexes triggered higher demand in US Dollar as is adding pressure on FED...
EURUSD pair closed last week’s trading session higher on disappointing US hourly earnings and on hawkish ECB meeting. ECB maintained interest rates unchanged as it was widely expected, but, reiterated that reducing interest rates will need stronger evidence that inflation...
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