The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected from both the US Fed and the ECB.
USDInd rebounds ahead of Fed Chair Powell’s speech
The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic data scheduled for release today and tomorrow (May 14-15).
Gold prices are fluctuating within ~$2000-$2046 corridor as investors grasp for clues regarding the future of the US interest rates and geopolitical developments in the Middle East.
The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected f...
The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic dat...
Gold prices are fluctuating within ~$2000-$2046 corridor as investors grasp for clues regarding the future of the US interest rates and geopolitical d...
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