Resurfacing banking sector woes, U.S. recession fears, and debt ceiling concerns kept risk-off flows in play for the most part of the week, weighing on higher-yielding currencies.
Despite their safe-haven appeal, the dollar and the yen…
Euro Area and German GDP Sends EU Assets LowerGerman GDP stagnates, EU confirms growth slowdownEUR/USD pulls back on hotter US inflation data amid a weaker growth outlook, but the uptrend remains in tactDAX index gapped higher but has…
Traders were in a fickle mood throughout the week, as sentiment was influenced by earnings data, debt ceiling concerns, banking sector jitters, and Fed tightening expectations.
Equity indices and commodities managed to pull up around the…