The EUR/USD has run up high in a short squeeze as traders look ahead to US CPI for clues concerning the future path of the US economy. The EUR/USD has been testing a critical high in the midday session on Wall Street following what had been a positive start for …
Read More »US Dollar Is Losing On Comments By Fed’s Bowman
Fed Governor Michelle Bowman said on Thursday that the headline and core inflation slightly slowed down but the latest readings are still unsatisfactorily high. Bowman also expects ongoing increases in rate hikes at coming meetings. According to her, policymakers still have a lot of work to do but it is …
Read More »USD/CHF Bounces Amid Fears Concerning Russia-Ukraine Talks
The USD/CHF pair has witnessed a pullback near 0.9340 after a decisive selling pressure from 0.9460 amid renewed fears of ceasefire delay between Russia and Ukraine. The Kremlin reportedly said that news pointing to progress in Ukraine-Russia peace talks was “wrong,” as per Reuters.Earlier, Ukraine officials reported that the negotiators …
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