The EUR/USD has started the week at 1.16, holding last week's losses. Concerns over China's Evergrande, uncertainties about US infrastructure, and inflationary concerns are all weighing on morale. Fed speakers are being considered. The EUR/USD pair is trading near the…
Continue ReadingThe dollar hovered below the previous session's one-year highs on Thursday on growing expectations the U.S. Federal Reserve will tighten policy in coming months, while Asian shares were headed for their worst quarter since the pandemic hit. Resolving "tension" between…
Continue ReadingSTOXX 600 up 1% Most sectors in the black, tech recovers Royal Mail hit by downgrade U.S. stock futures rise European shares are off to a positive start this morning with the STOXX 600 .STOXX up around 1% in a…
Continue ReadingThe U.S. dollar steadied below a 2-1/2-week high that was hit in the previous session, as investors braced for inflation data that might offer clues on the timing of policy tightening by the Federal Reserve at a meeting next week.…
Continue ReadingThe market is opening European trading in a more upbeat attitude, as the recent rally in stocks has prompted more risk-on trading in FX, with commodities currencies pulling marginally ahead on the day. The previous smaller ranges are continuing to…
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