Tag: Euro

The U.S. dollar slipped lower on Thursday morning as markets await the release of U.S. consumer monthly inflation later in the day. With analysts expecting inflation to continue cooling, investors are hopeful that the Federal Reserve will introduce interest rate cuts as early as...

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 pound gained ground against the dollar while slipping against the euro on Wednesday ahead of the U.S. Federal Reserve's monetary policy decision due later in the day. The pound rose 0.1% against the dollar to $1.2913 while falling 0.1% against the euro to 85.81...

The British pound rose to a two-week high against the euro on Thursday, inching 0.17% higher at 85.30 pence after data from the Bank of England (BoE) showed that UK companies have lowered their expectations for selling price inflation. BoE's Decision Maker Panel showed that output...

Eurozone business growth stalled in June as manufacturing continued to decline and service industries barely expanded, HCOB's flash Composite Purchasing Managers' Index (PMI) found. The index, compiled by S&P Global, fell from 52.8 in May to 50.3 in June. This is slightly above the 50...