The US Dollar Index is slipping for a second consecutive day and tests the 100.00 mark as the hit from Moody’s downgrade on US debt…
Moody’s downgrades US debt from Aaa to Aa1, citing deficits. US Treasury yields rise, with the 30-year surpassing 5%. House Budget Committee narrowly passes the…
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt…
Director of the United States (US) Congressional Budget Office (CBO) Phillip Swagel noted on Monday that while US revenue projections are holding steady, the next…
EUR/GBP may strengthen following Germany’s agreement on a debt overhaul and a substantial increase in state spending. ECB Vice President Guindos noted that President Trump’s…
The EUR is tracking higher on the session, with late week dips to the low 1.08 zone prompting some renewed buying interest from bargain hunters.…
EUR/GBP rises sharply to near 0.8400 as the Euro outperforms amid Germany’s debt restructuring plan. The ECB reduced its interest rates by 25 bps on…
EUR/USD posts a fresh year-to-date high above 1.0700 as the US Dollar weakens amid uncertainty over US growth prospects. US President Trump reiterates that reciprocal tariffs…