EUR/USD: Is the Interest Rate Race Close to Its End? EUR/USD grew until Thursday, October 27, and even rose above the landmark level of 1.0000, reaching 1.0092. The reason for this, most likely, was the hope of a number of investors that the ECB would raise the rate not by 0.75, but by 1.0 or […]
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Eurozone retail sales edged lower in March, with the volume of retail trade falling -0.1% mom, outperforming expectations for a steeper -0.4% mom decline. The data suggest consumer spending remains soft, as higher energy costs Read more…
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The Australian dollar continues to strengthen, pushing to fresh 2021–2022 highs, supported by a combination of the Reserve Bank of Australia’s tight monetary stance and a weaker US dollar. This week’s rate hike by the Read more…