EURUSD pair closed last week’s trading session lower on US Dollar recovery after last week’s selloff. Central banks’ diversion is widening as ECB’s dovish monetary policy and comments indicated that inflation persist and there will be no interest rate reduction...
EURUSD pair closed last week’s trading session higher on softer US CPI number. The US CPI declined by 0.1% adding pressure on FED to reduce interest rates most probable in their next meeting. Investors and traders are selling-off the US...
EURUSD pair closed last week’s trading session higher on disappointing US economic releases. US ISM manufacturing and ADP employment triggered a selloff in the pair, as investors and traders, are bracing for an interest rate cut in September. European investors...
EURUSD pair closed last week’s trading session marginally lower higher after another choppy trading session. Looks like investors and traders are focusing on French election results and stronger economic catalysts before they jump into new positions. The pair stuck around...
EURUSD pair closed last week’s trading session marginally lower after an attempt to break higher during the week. The steady European inflation overshadow from deteriorated European PMI and kept the pair unchanged looking for direction. The US PMI came out...
EURUSD pair closed last week’s trading session lower on Political risk in Europe. European parliament results show a rise in far-right political parties, something that current leaders do not like. French President calls for snap election in France to avoid...
EURUSD pair closed last week’s trading session lower on ECB’s rate cut and better than expected nonfarm payrolls in the US. ECB as it was widely expected cut rates by 0.25% during their June meeting. Although the cautious comments for...
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