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EUR/USD holds position around 1.0800 as softer US data escalate odds of Fed rate cuts
The Forex Market· 2 days agoThe US ISM Services PMI dropped to 48.8 in June, marking its steepest decline since April 2020. The...
USD/CAD remains on the defensive below 1.3650 on weaker US data, softer US Dollar
The Forex Market· 2 days agoThe US service sector fell into contraction territory in June. Higher crude oil prices continue to...
Fed's Goolsbee: Bringing inflation back to 2% takes time
The Forex Market· 2 days agoFederal Reserve Bank of Chicago President Austan Goolsbee on Thursday discussed the economic outlook...
BloFin warns of low crypto market liquidity amid macroeconomic shifts
CryptoSlate· 2 days agoBloFin signals liquidity squeeze in crypto, with Bitcoin at high risk.
EUR/USD Forecast: Next stop comes at 1.0900
The Forex Market· 2 days agoThe FOMC Minutes said rate hikes are on the table if inflation increases. A marked decline in the US Dollar (USD) caused the USD Index (DXY) to revisit...
USD/CAD tumbles below 1.3650 on weak US private labor demand and Services PMI
The Forex Market· 2 days agoUSD/CAD declines to near 1.3620 as the US Dollar weakens after poor US data. US private labor demand...
USD: Data more relevant than minutes – ING
The Forex Market· 2 days agoFederal Reserve (Fed) Chair Jay Powell sounded cautiously optimistic on disinflation which, paired with recent PCE data, allows markets to keep betting...
Fed Minutes Preview: Looking at hints of policy pivot
The Forex Market· 2 days agoThe Minutes of the Fed’s June 11-12 policy meeting will be published on Wednesday. Details of Jerome...
FX daily: US data and Fed Minutes in focus
The Forex Market· 3 days agoFed Chair Jay Powell sounded cautiously optimistic on disinflation which, paired with recent PCE data, allows markets to keep betting on a Fed rate cut...
Dollar Stays Weak After Earlier Fall on Powell Remarks
Barrons.com· 3 days agoThe dollar remained weak after falling earlier, prompted by remarks from Federal Reserve Chair...
