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EUR/USD falls to three-month low as Fed’s hawkish tone fuels US Dollar | FXStreet
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve’s (Fed) hawkish tone after delivering a widely expected 25-basis-point rate cut earlier this week. At the time of writing, EUR/USD is trading…
EUR/GBP Price Forecast: Euro is testing support at 0.8800 area | FXStreet
The Euro is pulling back from two-year highs near 0.8830 to test support at the 0.8800 area. The British Pound is coping better with the risk-averse environment and trimmed some losses following the upbeat UK Services PMI figure, while the upward revisions on the Eurozone Services data have failed to support the Euro. UK Services…
US southeast faces daunting task cleaning up from Helene; death toll rises By Reuters – Forex Trader Hub
By Rich McKay, Joseph Ax and Andrew Hay ATLANTA (Reuters) – Authorities across a wide swath of the southeastern United States faced the daunting task on Saturday of cleaning up from Hurricane Helene, one of the most powerful to hit the country, as the death toll continued to rise. At least 43 deaths were reported…
China’s Economy Slowing Despite Solid Trade Data – Orbex Forex Trading Blog
China’s Economy Slowing Despite Solid Trade Data XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
London Neobank Xoala’s Head of Growth Andrew Mreana Exits
Xoala’s Head of Growth, Andrew Mreana, has left the London-based neobank and institutional payment solutions provider a little over a year after joining the firm. Mreana focused on expanding Xoala’s presence among Cyprus-based brokers during his tenure. “After a little over one year, my journey as Head of Growth at XOALA has come to an…
US dollar rebounds from multi-month lows, yen rallies By Reuters
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) -The U.S. dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and Swiss franc since mid-March, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week. The greenback, however, pared gains against a basket…
