The Euro (EUR) is quietly consolidating this week’s rally to a fresh multi-year high and entering Friday’s NA session largely unchanged against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Oil prices are trading within a narrow range around $65.00 on Friday, consolidating losses, on track to their largest weekly sell-off in years, following a nearly $12 depreciation after Trump announced a truce in the Israel-Iran war.A fragile ceasefire is holding so far, and investors have shifted t
The Aussie Dollar hit a fresh seven-month high at 0.6660 earlier on Friday but has failed to consolidate at those levels and is pulling lower at the time of writing, with investors paring back US Dollar shorts ahead of the release of the US PCE Prices Index report.The pair remains on track for a 1.