High: Low:
| Spread | 0.03 | Spread (%) | 0.03% |
|---|---|---|---|
| Overnight funding - Buy | -0.0276% | Overnight funding - Sell | 0.0002% |
| Initial margin | 20.00% | Maintenance margin | 10.00% |
| Leverage | 1:5 | Expires daily | No |
| Futures Contract | June 2023 | ||
| Automatic rollover | |||
| Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
|---|---|---|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade | ||||
The U.S. dollar fell 0.6% following Wednesday’s release of the March CPI report and FOMC minutes. The combination of the data led to growing expectations that the Fed could cut rates later in the year.
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Forex markets are responding to continuing shifts in central bank policies. Currently, the Dollar is on the rise while the euro has hit a downtrend.
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A combination of factors have led to the euro losing ground against the greenback. Federal Reserve policy and the EU energy crisis may have contributed.
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