Tag: US Dollar
EUR/USD Forecast: Lower Trading Expected Ahead of US Core PCE and French Election –...
The Euro is facing pressure this week due to dovish signals from major European central banks and concerns about fiscal and political developments in...
USD Strengthens following Recent European Central Bank Activities – ING
The Dollar gained strength due to recent activities by the European Central Bank, according to FX Strategist Francesco Pesole from ING. This was influenced...
USD/NOK Rises as Norges Bank Maintains Hawkish Stance
The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...