EUR/USD slumps to near 1.0460 after the release of February’s preliminary PMI data for the Eurozone and its major nations. The Eurozone Composite PMI expanded at...
EUR/USD slips 0.22% to 1.0450 on Friday, reversing after testing the 100-day SMA. RSI drops sharply to 55, signaling weakening bullish momentum near the midpoint. MACD...
The latest flash estimate shows the US S&P Global Composite PMI dropped to 50.4 in February, down from 52.7 in January. This points to a weaker...
Preliminary Eurozone PMI data for February were mixed to slightly softer, weighing on the EUR somewhat in European trade, Scotiabank’s Chief FX Strategist Shaun Osborne notes....
Germany’s Manufacturing PMI rises to 46.1 in February vs. 45.5 forecast. Services PMI for the German economy drops to 52.2 in February vs. 52.5 estimated. EUR/USD...
EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the...
EUR/USD flat lines around 1.0500 in Thursday’s late American session. US Initial Jobless Claims rose last week. Trump’s tariff threats and the ECB’s dovish stance might...
The US Dollar came under renewed and significant selling pressure, retreating to two-month lows even though the US tariff narrative remained unchanged and the Russia-Ukraine peace...
EUR/USD rises to 1.0440 on Thursday, reversing losses after a three-day decline. The pair rebounded strongly off the 20-day SMA, gaining over 0.40% of its intra-week...
We delve into the world of money market funds. Distinct dynamics are at play in the US, eurozone, and UK. In the US, repo rates are...
EUR/USD edges lower to 1.0425 in Wednesday’s late American session. FOMC Minutes indicated that the Fed wants to take time before making adjustments to interest rates....
The US Dollar maintained its constructive path helped by fresh concerns around US tariffs and amid geopolitical tension in response to negotiations around a potential end...
EUR/USD declines to 1.0430 on Wednesday, marking its third consecutive daily loss. The pair has already shed more than 0.50% over the course of the week. RSI...
EUR/USD drops as President Trump has threatened to impose 25% tariffs on a few items. The Fed is expected to keep interest rates steady for longer. Firm ECB...
EUR/USD slips to 1.0450 on Tuesday, cooling off after last week’s strong rally. RSI declines sharply to 55, signaling waning bullish momentum while MACD remains flat...
EUR/USD falls to near 1.0450 as the US Dollar rebounds after Fed officials guided that there is no need to make policy adjustments at least for...
Germany’s February ZEW Investor Survey reflected a stronger than expected rise in the Expectations index (26, versus 20 expected and 19.3 in January), Scotiabank’s Chief FX...
EUR/USD declines as the US Dollar strengthens following three consecutive sessions of losses. Fed Governor Michelle Bowman warned that upside inflation risks persist, stressing the need...
EUR/USD churned close to flat near the 1.0500 handle. European data remains mostly tepid this week, Fed minutes loom ahead. US PMI activity results are also...
The US Dollar alternated gains with losses in the area of two-month lows in a context of marginal trading conditions amid the inactivity in the US...