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EUR/USD retreats to 1.0645 lows following dovish comments from ECB members

The Euro recovery has been capped a few pips shy of the 1.0700 area, and the pair pulled lower on Thursday, to hit intra-day lows at 1.0645.
New
update2024.04.19 01:48

Fed's Bostic: Rate cuts are likely by year end

Speaking at the Greater Fort Lauderdale Alliance in Florida on Thursday, Atlanta Federal Reserve Bank President Raphael Bostic noted that U.S.
New
update2024.04.19 01:24

Dow Jones bounces up amid strong US data and hawkish Fed comments

The Dow Jones Industrial Average (DJIA) is finally posting gains in January as investors digest the strong US economic outlook and pare back their interest rate cut hopes.
New
update2024.04.19 01:23

Mexican Peso drops as US Treasury yields rise on robust US data

The Mexican Peso depreciated against the US Dollar as sentiment shifted sour on Thursday.
New
update2024.04.19 01:04

Canadian Dollar recovery stalls on strong US data, hawkish Fedspeak

The Canadian Dollar (CAD) is trading higher for the second consecutive session on Thursday, yet with weaker bullish momentum.
New
update2024.04.19 00:51

NZD/USD Price Analysis: Recovery stalls near 0.5920 as US Dollar rebounds

The NZD/USD pair struggles to extend recovery above the immediate resistance of 0.5920 in Thursday's early American session.
New
update2024.04.18 23:19

Fed's Williams: No urgency to cut rates

New York Federal Reserve President John Williams said on Thursday that he doesn't feel an urgency to cut rates, per Reuters.
New
update2024.04.18 22:32

Silver Price Analysis: Trading at the top of a four-year consolidation zone

Silver (XAG/USD) has broken out of the narrow range it was trapped in since the start of 2023, which ran from between roughly $21.00 and $26.00, and risen up to the top of a larger consolidation.
New
update2024.04.18 22:24

EUR/GBP recovers to 0.8550 as ECB Lagarde see fight with inflation is still on

The EUR/GBP pair extends its recovery to 0.8550 in the early American session on Thursday.
New
update2024.04.18 22:21

US: Initial Jobless Claims increased below estimates last week

US citizens that applied for unemployment insurance benefits increased by 212K in the week ending April 13 according to the US Department of Labor (DoL) on Thursday.
New
update2024.04.18 21:51

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