Share: Global market sentiment is cautious, with equities declining and bond yields rising, as investors anticipate further monetary tightening by central banks. July’s Fed minutes reveal a unanimous decision for a rate hike but growing caution among board members about potential over-tightening. US data: Initial Jobless Claims slightly better than expected at 239K;
Share: EUR/USD regains traction after bottoming out near 1.0860. Further recovery should initially target the mid-1.0900s. EUR/USD reverses four consecutive sessions of losses and regains the area beyond 1.0900 the figure on Thursday. If the rebound gathers extra steam, it could encourage the pair to dispute the interim 55-day SMA at 1.0951 prior
EUR/USD Price, Chart, and Analysis EUR/USD powered back above the 1.09 mark having lost it in the previous session Chinese surprise rate cut and some stronger US retail numbers might have been expected to support the US Dollar a little more Eurozone growth figures are now in focus Recommended by David Cottle How to Trade
Euro, EUR/USD, 100-day MA Breakout – Technical Update: The Euro closed at its lowest since early July on Monday EUR/USD also broke under the 100-day moving average The 4-hour chart gives us a better idea of support levels Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The US Dollar might be readying to extend
EUR/USD PRICE FORECAST: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: US Dollar Forecast: Dollar Index Rally Continues with Fundamental and Technical Challenges Ahead EUR/USD has continued to trickle lower this morning, but a short-term retracement is beginning to look like a possibility. The Dollar Index (DXY) however, may cap any sustained
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: EUR/USD Timeframe: M15 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for EUR/USD, M15 MINIM_DAILY_PROFIT = Minimum daily profit = 10000 BATAS_FREE_MARGIN = Free margin limit = 50 JAM_ON = The robot starts trading = 1 JAM_OFF = The robot
Share: Italian Prime Minister Giorgia Meloni crossed wires early Monday while giving an interview to the local newspaper, per Reuters. In doing so, the Italian leader took full responsibility of the early-month announcements of windfall tax on bank by terming it a serious matter. The policymaker also ruled out chatters about alliances for
Share: EUR/USD experienced losses during Friday’s North American session, reaching 1.0975 from a daily high of 1.1000. US Department of Labor report indicated Producer Price Index (PPI) growth of 0.3% MoM, exceeding expectations, with annual PPI at 0.8%. Core PPI rose by 0.3% MoM. University of Michigan’s survey displayed a slight drop in
EUR/USD daily MUFG Research adds a new short EUR/USD position to its trade of the week portfolio targeting a move towards 1.0770, with a stop at 1.1160. “We have instigated a short EUR/USD trade idea to reflect the potential bias favouring yield and hence the dollar over the short-term,” MUFG notes. “So far in August,
The FOREX markets are quiet in the Asia-Pacific session. Japan is on holiday contributing to the lackluster price action. Yesterday’s US CPI data whipped traders around as well as the initial reaction was to the downside in the greenback, and then reversed back to the upside with the rise in US rates However in the
