Author: Admin

United States (US) President Donald Trump delivered his latest thoughts on his efforts to be the primary peace deal broker between Russia and Ukraine on Wednesday, and dipped back into the Federal Reserve (Fed) pool of usual statements to reiterate his own estimations of where interest rates should be.President Trump commented that there will be (but also might not be) a second meeting between himself and Russian President Vladimir Putin if he does (or doesn’t) receive satisfactory concessions from Putin. Trump also shared his “paper calculation” that Fed interest rates should be at or near 1%. Donald Trump’s math on…

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UK employment change jumps to 238K, offsetting steady 4.7% jobless rate.EU ZEW Economic Sentiment plunges in August, led by sharp German deterioration.US inflation data fuels EUR/USD gains, indirectly supporting EUR/GBP despite weak EU outlook.The EUR/GBP stays flat during the North American session, as economic data in the UK initially pushed the pair lower, even though the European Union (EU) ZEW survey showed a deterioration in the bloc. The cross-pair trades at around 0.8644, muted.Mixed data from Europe and Britain keeps cross muted despite softer US inflation boosting EUR/USDMarket mood remains upbeat following the release of a good inflation report in…

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