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Euro slips below 1.10 line German and eurozone manufacturing PMIs contract The euro is down sharply on Tuesday. In the European session, EUR/USD is trading at 1.0969, down 0.62%. The euro hasn’t...
EURUSD in the red again today after making a new 5-month highThe key resistance area at 1.1032 is playing a key role in this moveMomentum indicators signal that the current bullish move has probably...
Based on the long-term chart, I cannot write the USD off yet.Original Post
Spanish CPI lower than expected at 3.1% Chicago PMI expected to decelerate to 51.0 The euro is calm in Friday trade. In the European session, EUR/USD is trading at 1.1053, down 0.08%.Spanish CPI Dips...
EURUSD edges higher again today, makes higher highIt tests the resistance set by a key area, north of 1.1032Momentum indicators support the current bullish moveEURUSD is trying to record its...
Cluster of Fibonacci resistance contain the further upside of EUR/USD on the weekly.Original Post
The EUR/USD, while experiencing a somewhat lackluster 2023, is on track to end the year with a modest 2.3% gain. Despite facing headwinds from consistently poor economic data in the Eurozone, the...
German PPI eases to 7.9% German GfK Consumer Confidence index improves slightly The euro has dropped in Wednesday’s trade. In the European session, EUR/USD is trading at 1.0939, down...
The US Fed's signal of potential rate cuts next year weakened the US dollar, which closed the week in the 102 band. Despite the dollar's decline, expectations for a rate cut in March, currently at...
Firstly, the EUR/USD turned up in November, it recovered with a sharp reaction higher up to 1.1 resistance where pair slowed down and made some nice pullback but a sharp one. Well, after a somehow...
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