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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The EURUSD pair is trading flat in the early European session on Thursday after the first cut in U.S. interest rates in four years. The major pair initially edged higher to monthly highs of 1.1189 after a bumper 50 basis points rate cut by the Federal Reserve at its September meeting and later eased back to near 1.1120. The Federal Open Market Committee (FOMC) started its easing cycle, lowering the Fed funds target range by 50 bps to 4.75-5.00% on Wednesday. However, the Fed’s forward guidance didn’t seem to be as dovish as expected, which helped limit the US Dollar’s
The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session....
On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the rate to between 4.75% and...
Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...
Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...
Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce...
Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce...
Only hours after the Federal Open Market Committee said it would lower the target range for the federal funds rate by half a percentage point to 4.75...
Only hours after the Federal Open Market Committee said it would lower the target range for the federal funds rate by half a percentage point to 4.75...
Only hours after the Federal Open Market Committee said they would lower the target range for the federal funds rate by half a percentage point to...
The Fed's latest decision to cut the federal funds rate and indication of further rate cuts this year and ahead should give REIT investors enough...