EUR/USD pushes higher after a bounce from 1.07009, fueled by US Retail Sales slump
EUR/USD gained ground on Thursday, extending a rebound from the 1.0700 handle after the pair flubbed technical levels earlier in the week.
Source: fxstreet.com
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Canadian Dollar churns on Wednesday as markets focus elsewhere
The Canadian Dollar (CAD) churns on Wednesday as markets continue to digest Tuesday’s harsh shift in rate cut expectations after US inflation came in hotter than investors were hoping.
Source: fxstreet.com
EUR/USD treads water above 1.0700 after Eurozone GDP, focus shifts to US Retail Sales
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.
Source: fxstreet.com
Pound Sterling tumbles as soft UK Inflation data prompt BoE rate-cut prospects
The Pound Sterling (GBP) faces an intense sell-off in Wednesday’s early European session as the United Kingdom Office for National Statistics (ONS) has reported softer-than-anticipated inflation data for January.
Source: fxstreet.com
US Dollar slides as bulls consolidate gains following CPI's rally
The US Dollar (USD) measured by the Dollar Index (DXY) experienced a dip on Wednesday as it declined near 104.70.
Source: fxstreet.com