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EUR/USD drops below 1.1700 as the Fed maintains steady rates

EUR/USD drops below 1.1700 as the Fed maintains steady rates

The EUR/USD exchange rate dipped to around 1.1680 during early trading in Europe on Thursday. This shift came as the US dollar gained strength against the euro following the US Federal Reserve’s decision to keep interest rates steady. Attention is now shifting towards the European Central Bank’s (ECB) upcoming rate decision scheduled for later today. […]

Fed maintains interest rates as Powell’s term nears its end: April FOMC

Fed maintains interest rates as Powell's term nears its end: April FOMC

Federal Reserve Keeps Interest Rates Steady Jerome Powell is set to hold what could be his final press conference as the chair of the Federal Reserve next month. On Wednesday, the central bank decided to maintain its interest rates amid growing concerns that inflation could escalate due to ongoing conflicts in the Middle East. The […]

EUR/USD stays close to 1.1670 as the Fed maintains current interest rates

EUR/USD drops to around 1.1850 because of increased safe-haven interest

The EUR/USD pair is currently trading negatively, remaining flat after the Federal Reserve opted to keep interest rates unchanged in their latest meeting. As of now, the pair is around 1.1670, down about 0.48%, with many traders focusing on Chairman Powell’s upcoming press conference. Fed Monetary Policy Statement In its monetary policy statement, the Fed […]

NZD/USD maintains its value near 0.5900 despite rising risk concerns

NZD/USD maintains its value near 0.5900 despite rising risk concerns

The NZD/USD pair saw a slight increase after dipping the day before, trading near 0.5890 during Asian hours on Wednesday. Despite this rise, broader risk aversion might limit its growth potential. This unease is largely attributed to diminishing hopes for peace talks between the US and Iran, especially after President Trump scrapped plans for a […]

Mikal Bridges of the Knicks maintains his streak of 638 straight games played

Mikal Bridges of the Knicks maintains his streak of 638 straight games played

Mikal Bridges has extended his remarkable game streak into the next season. In Sunday’s game against the Hornets, the Knicks guard made history by committing a foul just 23 seconds after the game began, effectively forcing a substitution. Coach Mike Brown took the initiative to play Bridges in what was a meaningless season finale. “His […]