Dollar Declines experienced a notable decline against most major currencies on Monday. This drop came in the wake of weak economic data, which has sparked new speculation about the future of US monetary policy. The markets are now closely watching the Federal Reserve’s next moves, with increased expectations of interest rate cuts later this year. …
Euro Extends has been on an impressive upward trajectory, reaching a three-month high against the US dollar. This rise is fueled by expectations of a narrowing interest rate gap between the US and the eurozone. As the European Central Bank (ECB) gears up for its first interest rate cut since 2024, the euro’s performance has …
Euro Extends Gains to a Three-Month High on Rate Gap Prospects Read More »
Copper Extends often referred to as “Dr. Copper” for its ability to diagnose the health of the global economy, has been under significant pressure recently. The latest data from China, the world’s largest consumer of metals, has sent shockwaves through the market. This article delves into the factors behind the recent decline in copper prices, …
Copper Extends Losses After Weak Factory Data from China Read More »
