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EUR/USD edges higher on Monday as the US Dollar (USD) remains under pressure ahead of the Federal Reserve (Fed) Chair Jerome Powell’s speech, which is scheduled at 17:00 GMT. Investors expect Powell ...
By the end of the week, however, US data was a bit more encouraging. The country confirmed the Q2 Gross Domestic Product (GDP) at 3% as previously estimated, while Durable Goods Orders were broadly ...
It's been another bearish outlay for the USD this week but perhaps the more notable item is the fact that sellers have once again failed to drive downside trends upon tests of fresh lows. The big data ...
The euro has been grinding higher for some time now, as we continue to see the Federal Reserve 50 basis point rate cut work against the value of the greenback, and of course with the Core PCE Price ...
The euro continues to see a lot of sideways, yet slightly positive action to the upside, as the Thursday session was more of the same. The question at this point in time is whether or not we can ...