Posts Tagged: FOMC Chairman Jerome Powell

EUR/USD Plummets Below 1.0900 Amid Weak PMI Surveys and Strengthening US Dollar

By Usman Ahmed June 23, 2023, 3:14 pm • Posted in Forex

Early Friday, the Euro sank below the 1.09 USD mark. Uncertainty helps the US dollar, but dismal PMI readings for Germany, France, and the Eurozone…

EUR/USD Retreats to 1.1050 As ECB Raises Interest Rates

By Usman Ahmed May 4, 2023, 1:54 pm • Posted in Forex

The EUR/USD currency pair fell from 1.1100 to 1.1050. The European Central Bank increased its main rate by 25 basis points after its May policy…

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