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