Dollar heads for worst week since January after U.S.-Iran ceasefire
Dollar heads for worst week since January after U.S.-Iran ceasefire
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Dollar heads for worst week since January after U.S.-Iran ceasefire
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Business sentiment The Bank of Canada’s Business Outlook Survey (BOS) overall indicator improved slightly in Q4 but remained subdued at -1.78. The share of firms anticipating a recession eased to 22% from 33% in the previous quarter. Firms’ expectations for future sales turned positive, though they remain below the long-run average. Investment intentions improved modestly…
The EUR/USD pair extended its decline on Friday, retreating further following the US Federal Reserve’s September meeting. The US dollar found support as the Fed’s rhetoric proved less dovish than markets had anticipated. While the central bank cut rates by 25 basis points and signalled two additional cuts in 2025, it projected only one further…
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a…
If you ever needed proof that forex trading is never just about one thing, this was the week. Between a war in the Middle East keeping oil markets on edge, six major central banks dropping policy decisions within days of each other, and a triple-witching Friday throwing a wrench into the mix — the currency…
By RoboForex Analytical Department The EUR/USD pair began the week around 1.0789, reflecting heightened global economic uncertainties and a strong inclination towards safe-haven assets. The appeal of the US dollar is bolstered by rising US government bond yields and positive consumer confidence indicators from the University of Michigan, which reported a rise to 70.5 points…
Is Stagflation a Risk for the U.S. Economy and How Would Markets React? – Forex Trading Forum February 25, 2025 /Posted byGVI Forex / 371 /…