EURUSD Forex News
Dollar Rebounds, Fed Dot-Plot Signals Just One Rate Cut This Year
The Dollar Index (DXY)shrugged off softer than expected US Producer Prices, instead climbing 0.5% to 105.25 from 104.70 yesterday. The US Federal Reserve signaled just one rate cut this year, from three previously.
ACY Securities
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2 days ago
Dollar Gains on Hawkish Fed Outlook
After digesting Jerome Powell's comments following the FOMC interest rate decision on Wednesday, the dollar erased all its losses from the soft CPI reading, continuing its upward trajectory. The hawkish outlook from the Fed stimulated dollar strength against its peers, while the bullish momentum in equity markets was hindered by the prospect of prolonged high interest rates.
PU Prime
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2 days ago
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
RTTNews
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2 days ago
Euro Slides on France Uncertainty; ECB Cautious after Rate Cut
The Euro (EUR/USD) slid to a 5-week low at 1.0740 (1.0800) as political instability in France weighed on the shared currency. French President Emmanuel Macron called for a snap legislative election.
ACY Securities
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2 days ago
Upcoming FOMC Meeting and Global Implications
As we get ready for the upcoming Federal Open Market Committee (FOMC) meeting on June 13 at 4 AM Sydney time, there's a lot of focus on what changes might come to policy rates and economic projections.
ACY Securities
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2 days ago
U.S. Dollar Mixed Amid Cautious Mood
The U.S. dollar turned mixed against its major counterparts in the New York session on Thursday.
RTTNews
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2 days ago
US Dollar declines as Fed signals potential rate cut and inflation eases
The EUR/USD pair is holding steady around 1.0805 on Thursday, following a surge in volatility the previous evening. The Federal Reserve concluded its meeting with a neutral stance, maintaining the interest rate at 5.25% per annum as anticipated.
RoboForex
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2 days ago
Soft CPI Hammers Dollar
the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite.
PU Prime
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3 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews
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3 days ago
U.S. Dollar Rebounds As Fed Signals Only One Rate Cut This Year
The U.S. dollar recovered against its major counterparts in the New York session on Wednesday, as the Federal Reserve kept its benchmark rate unchanged as widely expected and projected just one rate cut this year.
RTTNews
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3 days ago
