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Dow Jones futures steady as traders eye FOMC Meeting Minutes
Dow Jones futures move little as traders adopt caution ahead of the FOMC December Meeting Minutes. Nvidia became the first public company to surpass a $5 trillion valuation, driven by…
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EUR/GBP stays below 0.8750 as eyes focus on ECB, BoE outlook
EUR/GBP weakens as the Pound Sterling strengthens on a cautious BoE policy outlook. The BoE is expected to ease gradually but sees limited room for further cuts near neutral rates.…
AUD/USD maintains its bearish tone, hovering right above 0.6600
The Aussie maintains a bearish tone against the USD, trading near 0.6600. The US Dollar is firming up despite softer US CPI figures. In Australia, rising inflation expectations have failed…
EUR/USD tests mid-term highs ahead of US employment, consumption data
EUR/USD is trading higher on Tuesday, testing highs at the 1.1765 area. The Euro has shrugged off the negative impact from weak Eurozone PMI data Technically, the EUR/USD rally starts…
EUR/USD drifts away from multi-month highs with Fed speakers on focus
EUR/USD eases below 1.1730 from the two-month high at 1.1762 posted on Thursday. The increasing monetary policy divergence between the ECB and the Fed keeps the US Dollar on its…
EUR/USD hesitates near highs with all eyes on US Jobless Claims
The Euro remains bid near five-week highs, at 1.1680 against the US Dollar. Eurozone Retail sales stalled in October against expectations of a 0.1% growth. The US Dollar is on…
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