EUR/USD loses traction to around 1.0550 in Monday’s Asian session. Markets see a potential December rate cut by the Fed. The ECB is anticipated to […]
Tag: weakens
AUD/USD weakens below 0.6750 as China’s stimulus update disappoints markets
The AUD/USD pair extends its decline to near 0.6740 during the Asian session on Wednesday. The stronger US Dollar (USD) and disappointment over additional China […]
Francine weakens after making landfall in southern Louisiana as Cat. 2 hurricane
Francine, which made landfall in southern Louisiana on Wednesday evening and has since been downgraded to a tropical storm, was located just northwest of New […]
EUR/USD weakens as US Dollar strengthens after upbeat US NFP report
EUR/USD declines from 1.0900 as upbeat US NFP report for May boosts US Dollar’s appeal. The US NFP report suggests that labor market conditions have tightened […]