Tag Archives: US banking sector

EUR/USD finished the week flat after the European Central Bank (ECB) meeting, where the ECB raised rates as expected. The pair approached 1.1100 but then pulled back. Although the correction was limited, it continues to trade sideways in the short term around 1.1000. USD/JPY had its worst week since March, …

The United States just released a fantastic jobs report, which improved market mood as shaky regional bank stocks rose following the recent instability in the US banking sector. This is why the AUD/USD is rising significantly. After falling to a low of 0.6607, the AUD/USD is currently trading at 0.6730, …