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The euro is taking on a bigger role in the global currency options market as traders skirt around the dollar given the risks from unpredictable US policy and a global trade war.
EUR/USD is witnessing a good rebound today after testing one-week low. The pair has recovered as the US Dollar loses ground ...
Traders also seem to be favoring the euro over the dollar when it comes to hedging or betting on big directional moves on the ...
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The EUR/USD pair also gains ground as the Euro (EUR) receives support from the hawkish tone surrounding the European Central Bank’s (ECB) policy outlook. ECB President Christine Lagarde noted that ...
The dollar remains the world's primary reserve currency. For the euro to take over that role, three key conditions must be met, says European Central Bank (ECB) President Christine Lagarde at a ...
In the post-meeting press conference, Fed Chairman Jerome Powell reiterated they are well-positioned to wait and assess the ...
The US dollar is a bit softer in the early part of the session on Wednesday, as the world awaits the FOMC decision, statement ...
For much of the past 80 years, the greenback has served as the world’s reserve currency. There are signs that’s starting to ...
The euro trails the U.S. dollar and gold for global central reserves, and European Central Bank President Christine Lagarde ...
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.