The ECB left the interest rates and QE unchanged; however, the ECB President Draghi’s comment drove the euro lower. The U.S. central bank raised the rate by 0.25% yesterday afternoon […]
The Somewhat Dovish Fed Sent the Euro Higher after the Rate Decision
The euro was inching higher even before the rate decision. The traders were betting on a dovish stance from the Fed. The U.S. central bank raised the rate by 0.25% […]
All Eyes on What the Fed Is Going to Say about Its Stance on the Future Interest Rates
The euro is trading up at around $1.1760 against the U.S. dollar after the US inflation rose at a somewhat disappointing 2.2% pace over the year. The U.S. central bank […]
Bitcoin May Have Another Record Close
Bitcoin is moving higher again after the commencement of its futures contracts trading on CBOE. Two of the leading exchanges for Bitcoin trading suffered some outages on Tuesday. Bitfinex said […]
The Euro Is Near Day Low 1.1720 amid the Stronger Than Expected PPI
The euro moved lower in the U.S. session before tomorrow’s Federal Reserve rate decision. The EUR/USD has been driven to its lowest since November 21st amid the weak economic data […]