EUR/USD clings to near 1.0740 on improved risk appetite, focus on US Retail Sales
The EUR/USD pair continues its upward momentum for the second consecutive session on Thursday, finding support from a weakened US Dollar (USD) amid softer US yields.
Stay updated with breaking news from Exponential Moving Average. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The EUR/USD pair continues its upward momentum for the second consecutive session on Thursday, finding support from a weakened US Dollar (USD) amid softer US yields.
The Australian Dollar (AUD) makes an effort to retrace its recent losses recorded in the previous session. The decline in the AUD/USD pair was driven by robust US inflation data for January, which dashed hopes of an imminent rate cut by the Federal Reserve (Fed) in March.
Day trading stocks: Market experts have recommended nine stocks to buy today — Solar Industries, Taj Gvk Hotels & Resorts, DLF, Kotak Bank, Havells, Natco Pharma, Inox Wind Ltd, Suven Pharmaceuticals Ltd and Poonawalla.
The EUR/USD pair grapples to rebound from three-month lows on Wednesday. However, the Euro (EUR) faces challenges after the release of the seasonally adjusted Eurozone Gross Domestic Product (GDP) data.
Bitcoin's trajectory towards a $1 million valuation intensifies amidst regulatory challenges and rising market enthusiasm for cryptocurrency trading platforms.