The EUR/USD pair is currently trading on the consolidated downward trend against US dollar. This could be the certain reason among US traveler restriction in Europe and last week strong US Jobs data suppress the Euro pair. Traders awaited for U.S. inflation data and wagered a high reading could pressure the Federal Reserve to wind [...]
The US dollar is showing pressure by the later insistence from Federal Reserve chairman Jerome Powell that rate increases aren't on the radar, while sterling has been riding higher with re-opening optimism. Yesterday the greenback rose after the release of FOMC decision for a short time and thereafter it has went down into two weak [...]
The USD/JPY market is remaining narrow ahead Fed meeting and Japan Monetary opinions. Market now seems to react to the US Federal Reserve announcement and US economic growth rate which are announced later today. US inflation expectations has been measured by the 10-year breakeven inflation rate, per the St. Louis Federal Reserve (FRED) data. In [...]
The US Dollar has been set to end this week by its risk appetite and the U.S. market is moving in its path of shifting to the Federal Reserve meeting. The Labor Department said on yesterday that the total number of initial claims for unemployment insurance for the week ended July 17 was 419,000, higher [...]
