EUR/USD Trading Update The EUR/USD currency pair continues to trade in negative territory, remaining below the 1.0550 mark ahead of critical U.S. economic data. The
Gold prices are having a hard time maintaining a position above the $2,000 mark ahead of the release of the US Consumer Confidence Index data.
The fall late last week from near crucial resistance indicates that the EUR/USD’s rise may have peaked. The pair momentarily rallied over immediate resistance at
The markets were relatively quiet last week, and the US dollar-declining trend has persisted as expectations for a more dovish stance from the Fed and
USD/JPY Daily Chart
The Euro’s Falls The EUR/USD pair experienced a significant downfall, dipping below 1.0600 on Tuesday. This drop is primarily attributed to the strengthening of the
China’s economic growth exceeded expectations and the US dollar weakened as investors worried over world economics. The UK is currently in recession, but China managed
The EUR/USD pair has been showing limited fluctuations, maintaining stability around 1.0550 during the European session on Thursday. This stagnation is attributed to a wary
As US inflation data finally starts to show a major reduction, the Forex market has had a very strong reversal over the past week, with
