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 […]
Dollar Pulls Back Ahead of Fed Meeting, Traders Cautiously Watch for Clues
The U.S. dollar edged lower on Tuesday, with investors growing increasingly cautious about holding U.S. assets amid ongoing concerns over economic growth and the volatility surrounding President Donald Trump’s trade policies. As of 04:30 ET (08:30 GMT), the U.S. Dollar Index (DXY)—which measures the greenback against a basket of six major currencies—was down 0.2% at […]
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 […]
Dollar Falls Amid Rumors of a Possible Appreciation of the Taiwanese Currency
The Taiwan dollar soared to its strongest level in nearly three years on Monday, continuing a multi-day rally, as the U.S. dollar slid across the board. By 08:10 ET (12:10 GMT), the greenback had fallen 5.1% against the Taiwan dollar, trading at 29.162. At the same time, the U.S. dollar index, which measures the greenback […]
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 […]
Trading Hours Update – Additional Changes for May 2025
We would like to inform you that further adjustments have been made to the trading hours for certain symbols throughout May 2025. View the updated trading schedule Thank you for your attentionOnEquity Team
The FTSE 100 in Detail: Origin, Functioning, and Impact
The FTSE 100 Index, short for Financial Times Stock Exchange 100 Index, stands as a key benchmark for investors and traders worldwide. This index comprises the 100 largest companies listed on the London Stock Exchange, offering insight into the performance of the British market as a whole. Its broad base of individual stocks gives it […]
Dollar Rises Slightly but Is Heading for a Sharp Monthly Loss
The U.S. dollar edged higher on Wednesday but remained on track for its steepest monthly decline since November 2022, weighed down by growing uncertainty over the Trump administration’s shifting trade policies. As of 04:10 ET (08:10 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—rose 0.1% to 99.080. Despite […]
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 […]