Dollar bounces after Powell; euro weaker ahead of ECB

Dollar bounces after Powell; euro weaker ahead of ECB
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Dollar bounces after Powell; euro weaker ahead of ECB
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By Rich McKay and Hannah Lang (Reuters) -Law enforcement officials on Thursday said a U.S. Army soldier from Colorado was likely the person inside a Tesla (NASDAQ:) Cybertruck that exploded outside the Trump International Hotel in Las Vegas, leaving the driver dead and seven people with minor injuries. The FBI said it had so far…
Ongoing Israel-Iran tensions to keep risk sentiment in check. US core PCE and consumption data to offer much-needed distraction. CPI readings also due in Canada, Australia and Japan. Flash PMIs for June in the spotlight too amid tariff chaos. US data eyed amid doubts about economy and geopolitics There’s been some good news and bad…
EUR/GBP declined 0.10% on Tuesday and remains in a range, but bullish bias intact. RSI, flat MACD support a balanced outlook. EUR/GBP should hold above 0.8380 to confirm bullish bias. The EUR/GBP pair remains confined within a recent range and declined by 0.10% on Tuesday to 0.8380. However, the larger time frame bias remains bullish,…
The Quantile Price Analysis MT4 Indicator offers a unique way for traders to analyze price action and identify market opportunities. In a world where trading decisions are often based on guesswork or traditional methods, this indicator provides a more precise approach by focusing on the distribution of price data. In this article, we will explore…
The technical picture has turned “decidedly optimistic” as EUR/USD has reclaimed its 50, 100, and 200-day Moving Averages (MAs). Momentum oscillators on the H4 chart, with RSI at 70.5, suggest the move is overextended. Bulls must secure an hourly close above the 1.1800 psychological level to maintain control. If the pair fails at 1.1800 and…
Rwanda has put $1bn of global aid under threat by taking part in the invasion of the Democratic Republic of the Congo, the UK foreign secretary, David Lammy, has said. He made the direct warning in a phone call to the Rwandan president, Paul Kagame, on Sunday after also speaking to the US secretary of…