EURUSD Forex News
U.S. Dollar Drops After Soft PCE Inflation Data
The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews
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1 day ago
Dollar Bolsters by Upbeat U.S. Economic Indicators
Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high.
PU Prime
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2 days ago
U.S. Dollar Advances After Strong Economic Data
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews
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2 days ago
ATFX Market Outlook 19th December 2024
The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.
ATFX
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2 days ago
Dollar Jumps on Fed’s Hawkish Remark
The FOMC interest rate decision yesterday triggered significant market volatility, with all eyes on the Federal Reserve's hawkish stance.
PU Prime
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2 days ago
Daily Global Market Update
EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%.
Moneta Markets
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2 days ago
Global Currency Trends: What They Reveal About the World Economy
The EUR, one of the most traded currencies globally, has hit a rough patch EUR is now facing its largest short position in five years, a clear sign that investor sentiment is wavering. But why is this happening?
ACY Securities
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3 days ago
U.S. Dollar Climbs On Fed's Hawkish Tone
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews
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3 days ago
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Wednesday.
RTTNews
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3 days ago
ATFX Market Outlook 18th December 2024
U.S. retail sales data exceeded expectations, indicating economic and consumption strength. Next, markets prepared for the Federal Reserve's interest rate decisions. On Tuesday, U.S. stocks fell, with the Dow Jones down for the ninth straight session. The S&P 500 and Nasdaq declined by 0.39% and 0.3%, respectively.
ATFX
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3 days ago
