EUR/USD fell to 1.1378 on Thursday, with the US dollar holding near a two-month high. The dollar has been supported by strong macroeconomic data, which have heightened inflation concerns and expectations of further Federal Reserve tightening. According to S&P Global, US private sector business activity expanded at its fastest pace in more than five years […]
The post EUR/USD Tests Two-Month Low: What’s Driving the Decline? appeared first on ActionForex.
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Thursday. Stock futures were lower Thursday as investors reacted to surging Treasury yields and ongoing geopolitical Read more…
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EURUSD edged higher on Thursday morning as bears take a breather after the latest three-day bear leg which accelerated on Wednesday, resulting in 0.5% daily fall. The Euro remains under increased pressure from growing expectations Read more…