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The U.S. dollar pulled back against all its major counterparts on Tuesday, with the main gainers being the kiwi, the aussie, the pound and the yen in that order.
February 7,2024
The Euro endured its worst January performance since 2015 after declining by 2.2% against the U.S. dollar, yet further losses are likely, according to leading investment banks.
February 6,2024
Euro-Dollar is trending lower and the balance of probabilities favours another weekly loss for the exchange rate as markets factor in a delayed start to the Federal Reserve's interest rate cutting cycle.
February 5,2024
The Dollar was softer following the release of U.S. ADP employment data which indicated slowing U.S. employment, adding to dovish Fed rate sentiment ahead of the Federal Reserve interest rate decision.
January 31,2024
EUR/USD is trading at fresh 2024 lows as traders increase their bets on ECB interest rate cuts beginning within three months.
January 30,2024
EUR/USD under pressure near-term, but solid support could frustrate further weakness.
January 29,2024
The Euro defended key levels against the Dollar and Pound after the European Central Bank reinforced a message that it won't consider raising interest rates until the summer.
January 25,2024
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