The EUR/USD pair traded sideways on Tuesday, establishing a near-term consolidation range around the key 1.1300 level as market participants await a fresh catalyst. Investor focus remains firmly fixed on the Federal Reserve’s upcoming interest rate decision, which is widely expected to shape market direction for the remainder of the week. The Fed’s policy announcement […]
Outlook for the Week of May 05 – 09
Global markets face a tense week as a wave of U.S. data—including GDP, PCE inflation, and nonfarm payrolls—coincides with growing recession fears and ongoing trade tensions, especially with China. While the Fed is expected to hold rates steady, markets will parse Powell’s tone for clues on future cuts. Abroad, the Bank of England may deliver […]
Ripple Pledges $25 Million to Strengthen U.S. Classrooms and Empower Educators
Ripple has announced a $25 million commitment to support teachers and classrooms across the United States, aiming to close persistent gaps in educational resources. The initiative, unveiled on Monday, will deliver funding through Ripple USD (RLUSD), the company’s U.S. dollar-pegged stablecoin. The effort is part of Ripple’s broader mission to promote financial and educational equity […]
Daily Technical Analysis EUR/USD : Drops Close to 1.1300 as Traders Watch U.S. ISM Services PMI
The EUR/USD pair opened the week under pressure, trading near 1.1320 during Monday’s European session. The U.S. dollar drew some support after former President Donald Trump confirmed he would not attempt to remove Federal Reserve Chair Jerome Powell before his term ends in May 2026. Despite branding Powell as “a total stiff,” Trump reiterated his […]
Daily Technical Analysis EUR/USD: Pair Gains Ground as Weak U.S. Data Weighs on Dollar
The EUR/USD pair extended its upward momentum on Wednesday, climbing toward the 1.1390 mark during the European session. The move comes amid sustained weakness in the U.S. dollar, pressured by softer-than-expected U.S. economic indicators. Traders are now turning their attention to high-impact economic data releases from both the U.S. and the Eurozone, including Germany’s retail […]
Outlook for the Week of April 28 – May 2
The week of April 29 to May 3 is crucial, with attention focused on the release of key economic data in the United States, including GDP, PCE inflation, and nonfarm payrolls, against a backdrop of escalating trade tensions with China. The Bank of Japan will keep its monetary policy unchanged, while the Eurozone and Australia […]
Daily Technical Analysis EUR/USD: Pair Holds Near 1.1350 as Trade Tensions Ease
EUR/USD continued its decline for a second straight session on Monday, slipping toward the 1.1360 area during early trading hours. The pair remains under pressure as the U.S. Dollar gains traction, bolstered by signs of easing tensions between the United States and China. On Friday, reports emerged that China had exempted certain U.S. imports from […]
Daily Technical Analysis EUR/USD: Pair Drops Toward 1.1350 on Dollar Strength
The EUR/USD pair faced fresh selling pressure during the session on Wednesday, pulling back toward the 1.1355 area. The move comes as the U.S. dollar regains traction, supported by a renewed wave of investor confidence in the greenback following developments on both the monetary policy and trade fronts. U.S. President Donald Trump helped calm investor […]
Outlook for the Week of April 21–25
The week of April 22–26 will be marked by ongoing trade tensions between the U.S. and China, a spotlight on PMIs in the U.S., Europe, and the U.K., and key earnings reports from Tesla and Alphabet—all set against a backdrop of volatility, safe-haven flows, and expectations of rate cuts. For additional insights into market movements, […]
Daily Technical Analysis EUR/USD: Euro Climbs to 1.1485, Highest Since 2022 Amid Weak Dollar
On Monday, the EUR/USD pair broke out of a consolidation zone that had held for several days, reaching its highest level since February 2022, around 1.1485. The advance was driven by persistent bearish sentiment surrounding the U.S. dollar (USD), which favors the continuation of the strong uptrend that has characterized the pair in recent weeks. […]