SELECT LANGUAGE BELOW

Euro rises as Iran-US discussions impact the US Dollar

EUR/USD stabilizes around 1.1870 due to declining US inflation affecting the Dollar

The euro (EUR) dipped below 1.1600 on Wednesday but has slightly increased, likely due to growing speculation about a potential deal between the US and Iran, alongside the Federal Reserve’s hawkish stance revealed in its recent monetary policy meeting. As of now, the EUR/USD exchange rate stands at 1.1622, marking an increase of 0.19%. EUR/USD […]

AUD/USD rises as optimism for Iran-US deal surpasses solid ADP job figures

Australian Dollar declines as risk aversion rises

The AUD/USD pair has seen a rise, hovering around the 0.7240 mark, thanks to a better risk appetite after Axios reported that the US and Iran are nearing a deal to resolve their ongoing conflict. Currently, the pair is trading at 0.7239, having reached a daily peak of 0.7277, the highest level since June 2022. […]