The Euro (EUR) retains a firm undertone. Minor dips to the upper 1.08s were well-supported in overnight trade and spot has regained the low 1.09 area fairly easily through European trade to trade to a marginal new, short-term high (highest since March), Scotiabank’s chief FX strategist Shaun Osborne notes...
Posts published by “Lawanda Latson”
The US Dollar (USD) is trading sideways for now on this last Friday of the year and the very last trading day of 2023. Looking back at its performance overall for this year, the Greenback has lost only around 3% Year-To-Date on the US Dollar Index...
US job growth slows in October, impacts Bitcoin and other risk assets
EUR/USD fades late Wednesday’s rebound from the lowest levels in six weeks as market sentiment dwindles heading into Thursday’s European session. Also...
Morgan Stanley's Mike Wilson is worried that investors have waved an all-clear to fallout from the banking crisis...
Short-term UK gilts yields at highest level since 2008 crisis...