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EURUSD Tumbles as Dollar Rebound Takes Hold; Nvidia (NVDA) Enters Earnings Watch | InvestingLive | Login to see the signal | |
The USD has moved higher and the greenback buyers are taking back control technicallySummaryDollar strength has fully unwound Jackson Hole-driven EURUSD gains; higher US yields and Fed governance risks keep dollar firm while Nvidia earnings and hot Australian CPI add market focus and volatility. |
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EURUSD Soars on Fed Independence Fears; Nvidia (NVDA) Earnings in Focus | Reuters | Login to see the signal | |
Longer-dated US Treasury yields rise, dollar falls as Trump's Fed battle fuels concernSummaryPresident Trump's move to fire Fed governor Lisa Cook raised concerns about Fed independence, weakening the dollar and lifting EURUSD; longer-term yields rose amid inflation worries as markets await Nvidia earnings and key US inflation data. |
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