EUR/USD rebounds as Fed decision nears and US-Iran tensions cap Dollar downside

EUR/USD rebounds as Fed decision nears and US-Iran tensions cap Dollar downside

The Euro (EUR) trims a part of its intraday losses against the US Dollar (USD) on Tuesday as the Greenback loses momentum, with traders repositioning ahead of the Federal Reserve’s (Fed) interest rate decision due on Wednesday, while continuing to monitor developments in the Middle East. At the time of writing, EUR/USD is trading around […]

US CB Consumer Confidence edges higher to 92.8 in April

US CB Consumer Confidence edges higher to 92.8 in April

Consumer sentiment in the United States (US) improved slightly in April, with the Conference Board’s (CB) Consumer Confidence Index rising to 92.8 in April from 92.2 in March. “The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—retreated by 0.3 points to 123.8,” the CB noted in its press release. “The […]

Trump is focused on getting right deal with Iran

Trump is focused on getting right deal with Iran

United States (US) State Secretary of Energy Chris Wright said during the European trading session on Tuesday that President Donald Trump is focused on getting the right deal with Iran. Additional remarks Iran doesn’t have a huge amount of storage capacity. The US not considering export ban on US energy products. We will announce historic […]

Australian Dollar trades mixed in countdown to the Aussie CPI, Fed policy

Australian Dollar trades mixed in countdown to the Aussie CPI, Fed policy

The Australian Dollar (AUD) demonstrated a mixed performance against its major currency peers, trading marginally lower against the US Dollar (USD) around 0.7180 during the European trading session on Tuesday. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest […]