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EUR/USD Forecast: Bears take over on tapering speculation

6/3/2021 12:46:41 PM GMT EUR/USD Current Price: 1.2165 The US Federal Reserve announced it would start unwinding part of its programs. US employment-related data largely surpassed the market’s estimates, fueling dollar’s demand. EUR/USD pressuring daily lows and at risk of falling further. The EUR/USD pair held on to familiar levels a handful of pips below the 1.2200 figure through the first half of the day, retreating from a daily high at 1.2215 achieved during Asian trading hours. The mai...
Services Pmis May Services Initial Jobless Claims Challenger Job Cuts Wall Street இருக்கலாம் சேவைகள்

GBP/USD Continues To Depend On How Investors See US Inflation Developments

Share: UK Brexit Minister David Frost recognized that the UK failed to secure the wanted agreement. UK Retail Sales are foreseen surging a whopping 36.8% YoY in April. GBP/USD continues to depend on how investors see US inflation developments. The GBP/USD pair bounced back, and trades near a daily high of 1.4189 as demand for the dollar receded. The market continues trading according to expectations of rising inflationary pressures in the US and how those could affect the Federal Reserve mone...
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