archiveMajors

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

EUR/USD loses traction and trades slightly below 1.1400 on Tuesday.US-China trade negotiations are set to continue in London.The pair could gather bearish momentum if 1.1360-1.1350 support fails.EUR/USD stays on the back foot in the European morning on Tuesday and trades slightly below 1.1400 after posting marginal gains on Monday. Growing optimism about the United States (US) and China resolving the trade dispute helps the sentiment around the US economic outlook improve and supports the US Dollar (USD). Euro PRICE Today The table below shows the percentage change of Euro (EUR)...

Here is what you need to know on Thursday, June 5:Major currency pairs fluctuate within their weekly ranges early Thursday. The European Central Bank (ECB) will announce monetary policy decisions and the US economic calendar will offer Challenger Job Cuts data for May, weekly Initial Jobless Claims reading, alongside the Goods Trade Balance figures for April. ECB President Christine Lagarde will speak on the outlook and respond to questions in the post-meeting press conference. Finally, several Federal Reserve (Fed) policymakers are scheduled to deliver speeches in the second half of...

Here is what you need to know on Thursday, May 29:Markets turn risk-positive in the second half of the week as fears over an economic downturn in the United States (US) ease following a federal court's decision to block US President Donald Trump's 'Liberation Day' tariffs. The US Bureau of Economic Analysis will release its second estimate of the Gross Domestic Product (GDP) growth for the first quarter on Thursday. The US economic calendar will also feature weekly Initial Jobless Claims and April Pending Home Sales data. US Dollar PRICE...

The US Dollar Index continues to advance as a federal court blocked Trump’s "Liberation Day" tariffs from taking effect.US Gross Domestic Product Annualized is expected to fall again by 0.3% in the first quarter.FOMC Meeting Minutes indicated that Fed officials broadly agreed that heightened economic uncertainty warranted a cautious approach to adjusting rates.The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian...