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The European Central Bank raised key interest rates by 25 basis points, lifting the deposit facility rate to 2.50%. Driven by Middle East conflict and rising energy costs, the ECB lifted medium-term …
The European Central Bank raised its benchmark interest rate by 25 basis points to 2.50% to combat inflation driven by oil surging above $100 per barrel amid Middle East conflict. Despite higher borr…
EURUSD hovered near $1.16 as traders weighed an anticipated 25 bps ECB rate hike against strong US jobs data and rising Brent crude prices. While energy inflation pressures the euro, upcoming US infl…
The euro steadied near $1.16 amid German regional election fallout and rising oil prices. Anticipation of an ECB interest rate hike on Thursday and a likely follow-up hike later this year offer near-…
The euro dropped below $1.16 after US nonfarm payrolls surged by 162,000, beating forecasts and lifting expectations for a Federal Reserve rate hike. Despite solid German factory orders and upcoming …
The euro stabilized above $1.16 ahead of US employment data and the upcoming ECB meeting, where a 25-basis-point hike is priced in. Better-than-expected German factory orders and dovish remarks from …
U.S. ISM Services PMI climbed to a six-month high of 55.4 in August, beating forecasts, driven by strong business activity and new orders. However, the employment index remained in contraction at 47.…
Federal Reserve policymakers, including Waller and Barr, signal readiness to consider interest rate hikes if upcoming inflation reports remain elevated. However, officials emphasize strict data depen…
The Indian rupee rallied on strong RBI-driven dollar inflows, though importer demand capped gains. Concurrently, rising crude oil prices and spiking U.S. Treasury yields to 4.78% have bolstered expec…
The Indian rupee rallied on massive fundraising inflows, bolstering RBI reserves amid rising Brent crude prices and U.S.-Iran tensions. Meanwhile, surging U.S. Treasury yields and rising expectations…
Technical analysis highlights persistent US dollar strength against major currencies. EUR/USD remains primed for continuation selling on intraday bounces, while USD/CAD and USD/CHF present buy-on-the…
The EURUSD pair fell 0.37% amidst a mixed market session that saw slight declines in the SPX and a modest gain in the DJI.
EURUSD shows minimal change, dropping just 0.09%. Broad market indices, SPX and DJI, are nearly flat.
European benchmark assets show muted moves, with German Bobl and Bund futures edging up 0.02% and 0.04% respectively, Euribor 3M holding flat, and the Euro Stoxx 50 down 0.03%.
The Euro strengthened above $1.170, reaching multi-month highs, supported by improving Eurozone business activity and a weaker US dollar following the US Treasury's bond buyback decision. Despite a s…
The EUR/USD pair experienced a slight uptick of 0.15% amidst a broader market downturn, as major US equity indices like the S&P 500 and Dow Jones Industrial Average faced significant losses on the da…
The White House released the President's routine daily guidance and press schedule, featuring closed-press meetings and an afternoon announcement, presenting no material economic policy surprises.
Robust US retail sales and falling jobless claims bolster the dollar ahead of the Fed and ECB meetings. ECB expected to hold rates at 2.25%, while BoE likely keeps rates steady amid sticky UK inflati…
Euro steadies near $1.15 amid rising Middle East tensions and weak German confidence, with markets pricing in ECB rate hikes later this year.