The U.S. dollar wavered on Monday morning while Treasury yields recovered and European stocks rose following President Joe Biden's announcement that he would be ending his re-election campaign.
U.S. 10-year Treasuries declined three basis points to 4.21% while the benchmark Stoxx Europe 600 advanced by 0.6%,...
The dollar continued to hold its footing this weak, holding a strong position compared to other currencies. This is especially the case with the Euro, which traded around its lowest point in months after being weakened by political uncertainty in the European Union.
The euro...
The euro fell against the US dollar on Wednesday as investors looked toward incoming market and inflation data in an effort to uncover clues as to the path that the European Central Bank (ECB) and the Federal Reserve will take with regard to their...
The Euro fell on Friday to its lowest level in mid-June amid growing expectations that the European Central Bank could soon pause interest rate hikes. This comes ahead of Friday's speech by Federal Reserve chair Jerome Powell, with the US central bank to continue...
The euro remained steady on Thursday after European Central Bank (ECB) President Christine Lagarde announced that further interest rate hikes would be implemented as inflation in the eurozone remains stubbornly high.
Eurozone inflation decreased from 7.0% to 6.1% in May, beating estimates of 6.3% from...
The euro rose to a one-week high against the dollar on Thursday following the release of positive inflation data from Germany. The data helped to ease investor concerns over the banking sectors well as lift the EU currency.
German inflation edged lower as energy prices...
