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EUR/USD remains stable around 1.1570 as markets reflect on the Fed’s outlook.

EUR/USD remains stable around 1.1570 as markets reflect on the Fed's outlook.

EUR/USD remains stable at 1.1573 as EU services PMI data and soft US ISM figures circulate. Trump confirmed that Scott Bescent turned down consideration for a Fed governor position following Coogler’s resignation. Eurozone PMI reports show mixed results: service sectors in Germany and Spain improved, while France and Italy fell short. Traders are preparing for […]

Bitcoin’s price remains stable, but a surge may be on the horizon.

Bitcoin's price remains stable, but a surge may be on the horizon.

Key Points: Bitcoin remains trapped within an 18-day trading range, recently dipping below $116,000. The uncertainty around US regulators and the Trump administration’s pro-crypto stance has made traders feel uneasy. Bitcoin (BTC) took a hit after the Federal Reserve’s FOMC minutes were released, particularly following Chairman Jerome Powell’s press conference. This drop came as the […]

Stocks rise and euro remains stable after trade deal between US and EU

Stocks rise and euro remains stable after trade deal between US and EU

On Monday, global stock markets experienced gains, and the euro reached a strong position, fueled by positive sentiment regarding trade agreements between the US and the EU. This optimism came at a crucial time, just before a significant policy meeting involving the Federal Reserve and the Bank of Japan. The US has struck a framework […]

US Dollar Index remains stable around 98.00 amid market caution.

US Dollar Index remains stable around 98.00 amid market caution.

The US dollar index remains stable as traders focus on rising tariff worries and Federal Reserve uncertainties. U.S. Secretary of Commerce Lutnick highlighted that August 1 is a crucial deadline, though discussions may persist. Treasury Secretary Becent has called for a reevaluation of the Federal Reserve’s role. The US Dollar Index (DXY), which gauges the […]

US Dollar remains stable before Retail Sales Data

US Dollar remains stable before Retail Sales Data

The US Dollar Remains Strong Amid Threats to Federal Reserve Leadership The US dollar is maintaining its strength as President Donald Trump hints at the possibility of dismissing Federal Reserve Chairman Jerome Powell. The US dollar index is trading near a three-week high, buoyed by persistent inflation and stable Treasury yields. The technical breakout indicates […]

US Dollar remains stable as markets prepare for CPI report

US Dollar remains stable as markets prepare for CPI report

The US dollar strengthens after June CPI report The US dollar gained ground following the release of June’s Consumer Price Index (CPI), with the DXY exceeding the significant threshold of 98.00. Market sentiment remains tentative due to ongoing tariff threats from President Donald Trump. Headline CPI increased by 0.3% in June, raising the yearly rate […]