EUR/USD slumps as ECB rate call looms ahead
The EUR/USD pair faced renewed pressure, slipping to multi-week lows as investors brace for the European Central Bank’s (ECB) upcoming interest rate decision. Heightened speculation over the ECB’s policy path has driven cautious trading, with markets split on whether further monetary tightening is imminent. Market participants remain wary of mixed signals from recent data. While […]
Why are altcoins down today?
Altcoins experienced a significant downturn today, with major cryptocurrencies like Ethereum (ETH), XRP, Litecoin (LTC), and Bitcoin Cash (BCH) all posting notable losses. This decline coincides with Bitcoin (BTC) retreating from its recent highs, suggesting a broader market correction. Bitcoin, which had recently approached the $100,000 milestone, saw its price drop by approximately 1.5%, settling […]
GBP/USD sticks to familiar territory ahead of a quiet week
The GBP/USD pair remained steady on Monday, trading within its recent range as market participants anticipated a quiet week ahead. The pair hovered around the 1.25 level, reflecting subdued volatility amid a lack of significant economic data or central bank events on the immediate horizon. Investors appeared reluctant to take large positions, keeping the currency […]
