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The main currency pair starts the week and the month by consolidating around the 1.0569 mark.The US Federal Reserve's intention to potentially raise interest rates once again in 2023 is strengthening...
EURUSD stuck in a clear downward path, posting a fresh 8-month bottom of 1.0487Formation of a death cross between 50- and 200-day SMAs could spell more troubleDespite latest rebound the momentum...
Eurozone inflation falls to 4.5% US Core PCE Price Index eases to 3.9% The euro has moved upwards on Friday. In the European session, EUR/USD is trading at 1.0597, up 0.30%. After falling sharply...
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...
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