The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session....
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EURUSD slumped below 1.0900 in Thursday’s American trading. The major currency pair weakened as the Dollar recovers strongly on soft US Initial Jobless Claims data for the week ending August 2. Individuals claiming jobless benefits for the first time came in lower at 233,000 than estimates of 240,000, and the prior release of 249K. The DXY Dollar Index, which tracks the greenback’s value against six major currencies, bounced back to near 103.40. While the near-term outlook of the shared currency pair remains uncertain, with investors confident that the Federal Reserve will choose an aggressive monetary policy stance to tame upside risks to potential US economic slowdown. According to the CME
The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session....
Capital flows to emerging market and developing economies went through several boom-bust cycles in recent decades, often partlydrivenby external...
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(Bloomberg) — Asian stocks slipped to a three-week trough on Monday, with Japan leading the declines, after US jobs data added to concerns that...
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