EURUSD is trading close to a fresh 11-week low near the round-level support of 1.0800 in Tuesday’s European session. The major currency pair is...
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The EURUSD rallied sharply after hitting a daily low of 1.110,5 as Federal Reserve Chairman Jerome Powell said, “the time has come for policy to adjust,” opening the door to ease policy. Therefore, the major currency pair jumped toward 1.1170 and posted gains of over 0.54%. In his speech at Jackson Hole, Powell stated that the size and timing of rate cuts would be data-dependent, adopting a stance like the European Central Bank. He added that he’s confident that inflation “is on a sustainable path back to 2%,” adding that those risks have diminished, contrary to increasing risks on employment.
EURUSD is trading close to a fresh 11-week low near the round-level support of 1.0800 in Tuesday’s European session. The major currency pair is...
Canada’s decision to impose 100 percent tariffs on Chinese electric vehicles, with 25 percent tariffs on steel and aluminum to follow, reflects a...
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Market Overview: EURUSD Forex The market formed a weekly EURUSD bear leg in the form of a 6-bar bear microchannel. The bears hope that the bear leg to...
Introduction In a recent decision in Lochan v Binance Holdings Limited, the Court of Appeal for Ontario upheld a Superior Court decision declining to...
The recent meeting of BRICS (comprising Russia, Brazil, China, India, and South Africa) in Kazan in October 2024 has significant implications for...
Nigeria is facing a troubling food insecurity crisis, with over 30 million people expected to be food insecure by 2025. A recent investigation by...
The perceptions may be unfair, but the problem for the Albanese government is that it has no overwhelming policy achievements to point to, no story to...
The perceptions may be unfair, but the problem for the Albanese government is that it has no overwhelming policy achievements to point to, no story to...