Are You Sending Money Abroad Or Looking To Exchange Currency? | ![]() |
The Federal Reserve left its benchmark interest rate unchanged at 4.5%, as widely expected. However, the real story wasn’t in the rate hold. It was in the Fed’s messaging and projections, which leaned ...
There has been a slight increase in downward momentum; Euro (EUR) could edge lower and potentially test the 1.1440 level. EUR is likely to trade in a range for now, probably between 1.1400 and 1.1570, ...
EUR/USD remains bullish above key support at 1.1470. All eyes are on today’s Fed announcement and Eurozone inflation figures to determine the next move.
The US dollar is a bit softer in the early part of the session on Wednesday, as the world awaits the FOMC decision, statement, and press conference.
U.S. Dollar Index gains ground despite the disappointing Retail Sales report. The report indicated that Retail Sales declined by -0.9% month-over-month in May, compared to analyst forecast of -0.7%.