Category forex

EUR/USD Rises to 1.1410 as ECB Decision Looms

Investors await ECB’s rate decision and Lagarde’s press conference amid USD weakness driven by inflation and geopolitical risks. EUR/USD climbed to 1.1410 in Asian trading, extending gains for a second day ahead of the European Central Bank’s policy announcement. The ECB i

Pound Rises Above 1.3350

GBP/USD pair rebounds to near 1.3385 The GBP/USD pair has rebounded to near 1.3385 during Asian trading hours. The UK headline Consumer Price Index inflation slowed to 2.6% YoY in June. Traders anticipate the Bank of England to keep its benchmark interest r

Australia Sees Strong Job Growth

Employment rose 76.3k in June, beating expectations The Australian economy saw a significant increase in employment, with 76.3k jobs added in June. This surpasses the expected 15k jobs. The strong job growth was driven by a rise in full-time employment, which increa