EUR/USD Surges as US Dollar Slides, Fed Teases Two Rate Cuts in 2025

EUR/USD Surges as US Dollar Slides, Fed Teases Two Rate Cuts in 2025

EUR/USD jumps above 1.0400 in Thursday’s North American session as US Dollar’s (USD) bulls take a breather after a sharp run-up on Wednesday. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, clings to gains near a fresh two-year high above 108.00. The Greenback attracted significant bids after the Federal … Read more

Rupee Slips to Record Low, Dips Below 85 Against Dollar as US Fed Curbs Rate Cut Expectations for 2025

Rupee Slips to Record Low, Dips Below 85 Against Dollar as US Fed Curbs Rate Cut Expectations for 2025

INR vs USD: Rupee’s drop to 85 from 84 has taken place in about two months, while the decline to 84 from 83 took nearly 14 months. It took the currency 10 months to decline to 83 from 82 The Indian rupee fell to a record low, slipping past 85 to the US dollar for … Read more