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Forex
Forex Today: No surprises expected at the ECB meeting
The downtrend in the US Dollar gathered extra steam on Wednesday, fuelled by concerns over the US economy and some renewed hopes that the Trump administration…
US White House Press Secretary Leavitt: Trump will give auto industry an extension on tariffs
According to US White House Press Secretary Karoline Leavitt, US President Donald Trump is granting the US automotive industry, which is incredibly dependent…
GBP/USD surges as weak US data fuels Fed rate-cut bets
US ADP Employment misses expectations, adding just 77K jobs in February.
ISM Services PMI improves to 53.5 but rising prices fuel inflation concerns.
BoE…
BoE’s Pill: Size and pace of further easing will hinge on inflation
BoE’s Chief Economist Huw Pill spoke before lawmakers in Parliament.
Key Quotes
We do need to remain vigilant to new shocks that might hurt path back to 2%…
Pound Sterling Price News and Forecast: GBP/USD surges as weak US data fuels Fed rate-cut bets
GBP/USD surges as weak US data fuels Fed rate-cut bets
The Pound Sterling (GBP) extended its gains versus the US Dollar (USD) on Wednesday, as market…
EUR/USD Price Analysis: Bulls tighten grip as pair surges to multi-month highs
EUR/USD extended its rally after the European session, trading near fresh multi-month highs above key moving averages.
The pair has surged more than 3.70%…
AUD/USD struggles to perform despite sheer weakness in US Dollar
AUD/USD is marginally higher even though the US Dollar has faced strong selling pressure.
The US private sector added fewer job-seekers in February.
The…
US Dollar correction continues with DXY Index at four-month low
The US Dollar drops against most major peers for a third day in a row.
Traders are selling the US Dollar in favor of the Euro amid economic developments…
China: Domestic demand prioritised to offset tariffs – Standard Chartered
NPC set targets for growth at 5%, inflation 2%, official budget deficit 4% of GDP, largely as we expected. We expect the announced fiscal stimulus to partially…
EUR/USD strengthens on concerns over US economic outlook, German debt reforms
EUR/USD posts a fresh year-to-date high near 1.0670 as the US Dollar weakens amid uncertainty over US growth prospects.
US President Trump reiterates that…