The dollar bounced back from earlier declines against its major rivals on Wednesday after the Federal Reserve raised interest rates as widely expected.

Early in the US trading session, the greenback fell to its lowest level since the day Read More →

Chinese industrial production for May turned out to be better than expected and retails sales for the same period remained robust as well. However the data, which was issued through the course of last night, when compared to previous remained Read More →

Key Points

• The Euro moved higher after forming a support at 1.1168 against the US Dollar.
• The EURUSD pair broke a short-term bearish trend line at 1.1210 on the hourly chart, but could not gain momentum.
• Today, the Germany consumer Read More →