Trading news
Aug 27, 2025
EUR/USD slips below 1.1600 as Greenback holds firm despite Trump-Fed tensions
The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.
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Aug 27, 2025
GBP/USD dips to 1.3457 as Fed turmoil boosts Dollar rebound
The GBP/USD dropped over 0.16% on Wednesday as the US dollar continued to recover some ground, courtesy of the White House's threats to the independence of the Federal Reserve (Fed), which triggered a rise on the long end of US Treasury bond yields.
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