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Amidst Rate Cut Uncertainty, Dollar Edged Lower Last Week

It was a mixed performance for the U.S. Dollar during the week ended April 26, amidst economic data that revealed growing uncertainties about the Fed's potential easing cycle and a volatile geopolitical situation in the Middle East.

War Clouds, Fed Hawks Helped Dollar Firm Up Last Week

An escalation in geopolitical tensions in the Middle East coupled with hawkish commentaries from Fed officials supported the Dollar during the week spanning April 15 to 19.

UK economic growth, February 2024

Euro edges lower, German industrial production jumps

The euro is calm at the start of the trading week. In the North American session, EUR/USD is trading at 1.0830, down 0.07%. German industrial production rise

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