EUR/GBP Price Forecast: Breaks lower, extending downtrend
EUR/GBP breaks lower after a brief pullback and continues its broader downtrend on Tuesday. The pair breaks below the 0.8317 ...
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Happy fiscal new year
Another federal fiscal year is in the books. Today marks the first day of FY 2025, and the new year is a time for reflecting ...
Pound Sterling slides as Fed Powell pushes back large rate cut bets
The Pound Sterling falls after facing offers near the key resistance of 1.3400 against the US Dollar in European trading ...
EUR/USD tumbles as Eurozone HICP softens, US Dollar recovers
EUR/USD drops sharply to near 1.1100 after failing to recapture the key resistance of 1.1200 on Monday. The major currency ...
European central banks quickening pace of their monetary easing
The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate cuts during the early stages of its monetary easing cycle. However, given some deterioration in sentiment ...
Oil production in Libya to resume, US oil production in the Gulf of Mexico normalised – Commerzbank
“The agreement was reached by the conflict parties in Libya in the dispute over the leadership of the central bank. This had led to an interruption in oil production in the east of the country, ...
US Dollar rolls through markets in search of a fresh 7-day high
The US Dollar (USD) trades broadly positive on Tuesday ahead of the Manufacturing Purchasing Managers Index (PMI) numbers from the Institute for Supply Management (ISM). The positive turnaround for ...