EUR/USDtrades volatile after mixed US NFP data. It hit an intraday high of 1.04095 and currently trading around 1.03644. The ...
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He is the chief market analyst at KCM Trade. Against many economies, the US dollar remains the strongest it has been in years. In March 2020, at the start of the pandemic, the USD/AUD exchange ...
The shorter-end, more rate-sensitive 2-year yield (US2Y) also fell 10 points to 4.29%. The Euro (EUR:USD) continued its gains on Monday, after rising 0.53% against the dollar over the last week.
The euro trades continuously from Sunday evening to Friday afternoon in the U.S., with volume and volatility peaking during active periods, particularly in the highly liquid EUR/USD pair.
How much has the rupee fallen? The rupee opened at a record low of 86.12 against the US dollar on Monday. In the morning trades, the currency hit a fresh low of 86.31 against the greenback. Story ...
The Indian rupee plunged to a record low, crossing 86 against the US dollar on Monday, as stronger-than-expected US jobs data spurred concerns over potential delays in interest rate cuts by the ...
The euro plummeted in the early hours of Monday as we continue to see US dollar strength across the board. Quite frankly, this is a market that is oversold. So, what I would be looking for is some ...
The US Dollar extends its rally on Monday as investors price in no rate cuts in the US. The macroeconomic calendar remains empty, leaving majors at the mercy of sentiment. EUR/USD is oversold in ...
The de-dollarization agenda is gaining steam as a total of 12 countries have mutually agreed to abandon the US dollar for trade. The dozen countries have taken to local currencies for cross-border ...
The kiwi has imploded and crashed to the lowest level since October 2022. The NZD/USD pair fell to a low of 0.5556 on Friday after the US released relatively strong nonfarm payrolls (NFP ...