Forex Market

The euro started the week on a calm and steady note, holding on to last week’s gains as traders awaited fresh economic signals from Europe. The currency’s recent stability reflects improving confidence in the eurozone and a moderation in expectations for further U.S. interest rate hikes, which has helped narrow …

The longest government shutdown in history just weaponized 40 of America’s busiest airports. On Friday, November 7, the FAA began slicing flight schedules by 4 %, heading to 10 % next week and—according to Transportation Secretary Sean Duffy—possibly 20 % if Democrats don’t blink before Thanksgiving. The question isn’t whether …

The Dollar’s Dramatic Flip: Global Crises Put US Currency on EdgeThe US Dollar recently experienced a sharp, whiplash moment. After flexing its muscles for five days, seemingly emboldened by the central bank’s tough talk, that strength vanished immediately when new economic figures suggested a slowdown. This sudden reversal—a five-day “party” …

The Euro (EUR) has recently shown a noticeable rebound against the US Dollar (USD), pushing the EUR/USD pair to its highest point in a week and approaching a critical resistance level around 1.1600. After a slide to multi-month lows, this renewed strength is a significant development, but its context warrants …

Both the euro and Japanese yen gained ground on Thursday, supported by a broad weakening of the US dollar and shifting central bank signals across Europe and Asia. The dollar fell by 0.3%, pressured by disappointing labor data and a lingering US government shutdown, which fueled market bets that the …

The U.S. dollar continued to edge lower on Thursday, marking a second day of losses as investors weighed concerns over the ongoing government shutdown and falling Treasury yields. The weaker greenback helped risk sentiment recover across global markets, giving fresh momentum to major currencies and commodities.Friday’s trading session is set …

Cleveland Federal Reserve President Beth Hammack has voiced firm opposition to additional interest rate cuts, warning that persistent inflation remains a significant challenge to the U.S. economy. Speaking at an economic event in New York, Hammack said she remains concerned that monetary policy is not doing enough to bring inflation …

The United States Supreme Court has cast doubt on President Donald Trump’s authority to impose sweeping tariffs under emergency powers, in a case that could redefine presidential control over trade policy. During a tense hearing in Washington, both conservative and liberal justices questioned whether the president had overstepped constitutional boundaries …

The British pound strengthened slightly on Thursday after the Bank of England decided to keep interest rates unchanged, signaling a cautious but potentially shifting stance on monetary policy. The decision revealed growing division among policymakers, with several members favoring a rate cut — a sign that the central bank may …

Britain’s construction industry shrank at the fastest pace in more than five years in October, with civil engineering suffering its steepest drop since the pandemic as weak demand and uncertainty ahead of Chancellor Rachel Reeves’ upcoming Budget weighed on activity. The S&P Global UK Construction PMI fell to 44.1 from …