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EURGBP - Naira weakens against USD, EUR, GBP
The Naira exchange rate faced a setback in the foreign exchange (FX) markets as demand eclipsed total market supply amidst rising import appetite. The apex bank chief told a conference that the naira ...
Today’s core PCE the next key signpost ahead of next week's Fed meeting
In any case with the Federal Reserve due to meet next week markets are continuing to try and finesses the timing of when the first rate cut is likely to occur, after Powell’s surprisingly dovish shift ...
Pound to Euro Rate Rises to Multi-month Highs In Wake of ECB
The chances of a pullback below 1.17 are, therefore, high. Indeed, we reported on Thursday that strategists at Macro Hive, an independent research and strategy firm, say now is the time to buy the ...
EUR/GBP Price Analysis: Bears dominate after ECB decision, Lagarde’s cautious tone
EUR/GBP experienced losses standing at 0.8530, down by 0.30%. The ECB held rates steady as expected. Christine Lagarde refrained from commenting on the timing of the ECB rate cuts. Monetary policy ...
EUR/GBP moves higher to near 0.8550 followed by a resistance zone around the nine-day EMA
EUR/GBP moves in an upward direction, inching higher to near 0.8560 during the European session ahead of the European Central Bank’s (ECB) interest rate decision. The area around the nine-day ...