Ireland Consumer Confidence: 72 (August) vs previous 74.9

Aug 29, 2024

EUR/USD pares recent gains, poised for further downside

EUR/USD trimmed recent gains on Wednesday, stepping lower after clipping fresh highs for the year as broad-market anticipation of Federal Reserve (Fed) rate cuts in September keeps broad-market risk appetite pinned to the ceiling.

USD/CAD remains on the defensive below 1.3500 despite USD recovery

The USD/CAD pair trades on a weaker note near 1.3480 during the early Asian session on Thursday.