Investing.com – The U.S. dollar rose Tuesday as Federal Reserve Chair Jerome Powell played down the likelihood of another outsized interest rate cut, while the euro slipped lower ahead of the release of the latest eurozone inflation data. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six […]
EUR/USD hourly chart The pair tried to seek a firm break above 1.1200 three times in September but failed, similar to the previous and first attempt this year back in August. The figure level remains a stubborn point where sellers are leaning on in keeping price action lower for now. The mood music yesterday was […]
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NZD/USD loses ground near 0.6340 in Tuesday’s early Asian session. Fed’s Powell said the central bank is not in a hurry to cut rates quickly, will be guided by data. The Chinese fresh stimulus measure might cap the downside for the Kiwi. The NZD/USD pair trades on a softer note around 0.6340, snapping the three-day […]
