EUR/USD rebounds, as ECB President Draghi does not clearly state quantitative easing is upcoming
Trading EUR/USD staged a rally after touching a two-year low, following ECB President Draghi did not make it clear quantitative easing was imminent. On Thursday, the euro rebounded after hitting a two-year low More...
US Dollar slumps following October US jobs report
The US dollar declined on Friday after the release of the October US jobs report, as tightening of US monetary policy is expected next year. The US dollar lost some ground on Friday in the wake of the October US More...
US dollar slumps as meager US data fuel interest rate speculations
Wednesday’s disappointing US economic data result in a dollar selloff, indicating a shift in investors’ expectations about the timing of the Fed interest rate hikes. The EUR/USD rallied to a three-week high, More...
US dollar gains as Fed’s monetary path diverges from the ones of ECB and BOJ
The US dollar traded higher against other major currencies on Wednesday, with investors eager to see the anticipated end of the Fed’s bond-purchasing program. The US dollar traded higher against other major currencies More...
