The EURUSD currency pair shed 40 basis points in Tuesday's trading session following the U.S. printing green economic indicators supporting the Greenback. The preliminary U.S. Global Composite PMI for May…
The European Central Bank (ECB) President Lagarde remained hostile towards inflation in a speech on the last day of trading in the prior week. The ECB suggested that interest rates…
The Euro is losing its grip after recently bullying the Greenback into submission for most of 2023. The EURUSD currency pair has now closed in the red for a third…
After opening the week on a positive note, the EURUSD currency pair retreated 12 basis points in Tuesday’s trading session as year-on-year U.S. Retail Sales and Industrial production picked up…
The EURUSD currency pair shed 1.60% in the prior week as inflation worries returned to the global market’s theme. According to a survey of U.S. consumers, inflation expectations jumped to…
The Greenback has gained just over 100 basis points on the Euro this week, primarily on the back of sticky U.S. core producer inflation. Month-on-month Core PPI came in as…
The U.S. will release its Inflation and CPI readings for April today, with expectations leaning towards a higher month-on-month inflation reading and sticky core inflation. Traders will be on tenterhooks…