EURUSD trades in a narrow range around 1.0400 in Friday’s European session amid thin trading as market participants stay on the sidelines due to the...
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The euro-dollar currency pair trades vulnerable and holds near a more-than-a-month low at around 1.0350 on the first trading day of the year. EURUSD skates on thin ice as the dollar clings to a more than two-year high, with DXY Dollar Index trading around 108.50 on optimism that the Federal Reserve will reduce interest rates less than previously anticipated this year. The Fed cut its key borrowing rates by 100 basis points (bps) in 2024 as policymakers were more worried about higher risks to employment than upside risks to inflation. However, they have guided fewer interest rate cuts for this
EURUSD trades in a narrow range around 1.0400 in Friday’s European session amid thin trading as market participants stay on the sidelines due to the...
EURUSD trades lackluster above 1.0400 due to illiquid trading activity in the European session on Monday. The Euro is set to wrap up the year with an...
The price Silver price falls to near $29.30 in Tuesday’s European session, though it remains within Monday’s range amid thin trading volume due to...
As was the case in 2022 and 2023, the undercurrent of the past year was interest rates. Across eight announcements, the Bank of Canada (BoC) lowered...
As was the case in 2022 and 2023, the undercurrent of the past year was interest rates. Across eight announcements, the Bank of Canada (BoC) lowered...
The price of gold trades with mild gains to around $2,625 in the early Asian session on Thursday. The uncertainties around Donald Trump’s tariff...
The USDJPY pair bounced back from the intraday low of 156.43 in the North American session on Thursday. The dollar posted a fresh two-year high, with...
KUALA LUMPUR: The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to...
KUALA LUMPUR: The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to...
The USDJPY currency pair extends its losses for the third consecutive session on New Year’s Eve, trading around 156.20 during early European hours...