Forex Today: Recession fears weigh on sentiment, look at US PMI, Powell testifies

This is what that you must know on Thursday, June 23: Markets remained danger averse on Thursday as traders grew more and more involved a few world recession. US inventory index futures and main European inventory indices are down this morning, and the safe-haven greenback stays in demand. Later within the session, FOMC Chairman Jerome … Read more

Forex Today: Risk upside loses steam as focus shifts to PMI data and Powell’s speech

Forex Today: Risk upside loses steam as focus shifts to PMI data and Powell's speech

Here’s what you need to know on Tuesday, May 24: Markets appeared to have turned cautious early on Tuesday after the risks rose on Monday. The US dollar index, which fell nearly 1% earlier in the week, posted modest daily gains at 102.20 in the European morning and US stock index futures were down between … Read more