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Greenback to take a breather after 8-weeks long rally; direction remains bullish Similarly, oil could retest $90 Fed actions, bond market shifts, and speculative positions to tell the market direction...
German HICP inflation declined sharply in September Italian-German 10-year yield spread tested 200 bps Dollar profit-taking begins after softer personal consumption data The king dollar trade has run...
The EUR/USD is getting a bear breakout below a bear channel. The recent downside breakout is strong enough to get a second leg down. The problem with the recent bear breakout is that it is late in a...
EUR/USD approached 1.1300 in mid-July on bets that the Fed would soon announce a pause and the ECB would have to keep hiking. Fast-forward to today, the pair is down for the eleventh week in a row and...
The EUR/USD closed below the May 31st low and formed a follow-through bar yesterday. At the moment, today is another strong bear breakout bar. However, the bears will have to prevent any strong...
The EUR/USD closed below the May 31st low for the first time. This indicates that the bears are getting a successful breakout below the May low. However, the bear channel is climactic and has not...
New Euro-US dollar parity a possibility as the pair hovers below 1.0610 Still, the greenback is likely to face tough road ahead in the technical chart Fed to be the decisive factor going forward as...
Fed rate hike expectations for November 1st stand at 18.6% vs. 30% from a week ago Germany IFO Business climate declines for a fifth straight month 10-year Treasury yield surges 7.7bps to 4.511% The...
The EUR/USD is stalling at the May 31st low. The bears try hard to trap the bulls and get the downside breakout below the May 31st low. The bulls are trying to develop more buying pressure at...
Germany's Ifo business climate index held steady in September at the previous month's level despite expectations of further deterioration.The business climate indicator fell from 85.8 to 85.7, better...
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