The EUR/USD pair fell to a fresh weekly low of 1.1329 ahead of the ECB's announcement, undermined by prevailing concerns about global economic growth, fueled by EU data. The January preliminary Markit PMIs for the EU came below expected, with the official report...
Swap Rates in FX Markets As mentioned before, interest rates are quite important in FX markets. Although investors use interest rates in a variety of ways, the most notable is the carry trade. As discussed, the carry ... Read more
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