Can’t rule out rate hike in April

Can’t rule out rate hike in April

European Central Bank (ECB) Governing Council member Madis Müller said in an interview with in an interview in Tallinn, reported by Bloomberg during European trading hours on Tuesday, that there could be an interest rate hike by the central bank in the April policy meeting. Additional remarks It’s very hard to say what state we might be […]

EUR/CAD holds gains near 1.6000 as oil eases, Eurozone HICP eyed

EUR/CAD holds gains near 1.6000 as oil eases, Eurozone HICP eyed

EUR/CAD has recovered its recent losses from the previous trading day, hovering around 1.5990 during the European hours on Tuesday. The currency cross holds ground as the commodity-linked Canadian Dollar (CAD) struggles amid softer oil prices, which could be attributed to growing speculation that US President Donald Trump could end the Iran conflict, easing fears […]

EUR/USD snaps five-day losing streak as Trump mulls ending Iran war

EUR/USD snaps five-day losing streak as Trump mulls ending Iran war

The EUR/USD pair attracts bids after a five-day losing streak and edges higher to near 1.1475 during the Asian trading session on Tuesday. The major currency pair ticks up as the US Dollar (USD) edges down amid hopes of an end to the month-long war in the Middle East. As of writing, the US Dollar […]