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EUR/USD regains 1.0700 as US Dollar stays on the back foot

EUR/USD regains 1.0700 as US Dollar stays on the back foot

EUR/USD is trading above 1.0700, as bulls keep the reins for the second consecutive day early Thursday. The major currency pair fails to justify looming economic fears and upbeat US Treasury bond yields amid a broadly weaker US Dollar. Final Eurozone Q1 GDP eyed. 

EUR/USD News

GBP/USD bulls ignore mixed BoE clues to prod 1.2450 as June Fed rate hike appears elusive

GBP/USD bulls ignore mixed BoE clues to prod 1.2450 as June Fed rate hike appears elusive

GBP/USD buyers occupy driver’s seat around 1.2450, despite marking a slow run towards the north heading into Thursday’s London open. The Cable pair buyers cheer the receding odds of a Fed rate hike in June while early signals for the Bank of England’s (BoE) interest rate guide appear mixed.

GBP/USD News


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Editors’ Picks

Gold to maintain $1,930 support on mixed growth, Fed concerns

Gold to maintain $1,930 support on mixed growth, Fed concerns

Gold seesaws around intraday high as it prints mild gains after falling the most in a week the previous day. Even so, the XAU/USD remains indecisive on a weekly basis as the markets struggle for clear directions amid the pre-Fed blackout and mixed feelings about global growth concerns.

Gold News

Dogecoin price could rally 30% if DOGE history over the last six months is enough to go by

Dogecoin price could rally 30% if DOGE history over the last six months is enough to go by

Dogecoin price has been trading within a fixed range over the last six months, taking seasonal leaps as volatility increased. With this accumulation pattern, the king of meme coins could be en route to complete the next bounce cycle.

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Plenty of hawkishness to go around

Plenty of hawkishness to go around

We haven’t seen a lot in the way of volatility and price action this week, but what we have seen is a clear message coming from many central banks. That message is one of hawkishness.  

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