Tag: Currency trading trends
US Retail Sales in Focus as Yen Rebounds: Forexlive Americas FX News Wrap
The focus was on US retail sales for October, which came in lower than expected at -0.1% compared to the expected +0.3%. Despite the...
Dollar Continues Winning Streak Despite Momentum Slowdown – Action Forex
The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent...
EUR/USD Update: Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic...
GBP/USD Exchange Rate Rises to 1.3200 Following UK Inflation Data
The GBP/USD Exchange Rate Soars to 1.3200 After UK Inflation Data ReleaseThe GBP/USD exchange rate experienced a significant surge following the release of UK...