The EUR/USD currency pair demonstrated a consistent recovery on Thursday, rising 0.36% to 1.1529, following a significant bounce from a three-month low of 1.1468 earlier in the week. The decision came after a volatile midweek session characterized by varied U.S. macroeconomic data, accommodating signals from Federal Reserve officials, and a positive shift in sentiment among … Read more
The GBP/USD saw a drop on Wednesday, reaching 1.3041, its lowest level since April 2025. This movement showcases how traders are adapting to fresh fiscal uncertainties and the growing gap between the Bank of England and the U.S. Federal Reserve. The recent shift indicates Sterling’s third consecutive weekly downturn, extending its two-week decline to over … Read more
During a risk-off session on Tuesday, the Japanese yen emerged as the strongest among the major currencies, with the US dollar closely trailing behind. A notable drop in Palantir’s stock, despite an optimistic forecast, along with cautions from the CEOs of Goldman Sachs and Morgan Stanley that a pullback might be “healthy,” significantly impacted market … Read more