November 16, 2023

EUR/USD Gets Back From Three-Month Peak on Profit-Taking

EUR/USD Gets Back From Three-Month Peak on Profit-Taking

In the fast-paced world of currency trading, the EUR/USD recently faced a setback, retreating from its three-month peak. This decline, observed primarily against the US Dollar, raised eyebrows and triggered active profit-taking. This article explores the factors contributing to the Euro’s decline, the implications on the currency market, and what investors should watch out for …

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Amundi Perspective: Emerging Markets Poised to Gain from Fed

Amundi Perspective: Emerging Markets Poised to Gain from Fed

The global economic landscape is set for a shift, and Amundi investment institute predicts a boon for emerging markets (EM) in the coming year. According to Alessia Berardi, the head of emerging macro and strategy at the Amundi Investment Institute, the anticipated rate cuts by the U.S. Federal Reserve in mid-2024 will create a positive …

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