ING: EUR/USD to consolidate within a 1.1700-1.1830 range this week

Spring has arrived, the world is blooming, and if you haven’t already planned a vacation, are you even alive? It’s true that adventure is calling louder than your morning alarm this season. The weather is cool, the people are (usually) still calm, and cities are bursting with color in April. Definitely a chef’s kiss. Imagine…

The Schaff Trend Cycle is a momentum-based oscillator developed by Doug Schaff in the 1990s. Unlike simple moving average crossovers or basic momentum tools, the STC incorporates exponential moving averages (EMAs) with a proprietary cycle component. The result is an oscillator that fluctuates between 0 and 100, with key levels at 25 and 75. Think…

Dollar gains as data indicates rising US inflation with Fed decision in view Source link

Yesterday, we reported that the US Senate had passed the GENIUS stablecoin bill, which establishes a legal framework for regulating the stablecoin market. This development led to a sharp rise in the share price of cryptocurrency exchange Coinbase (COIN), while simultaneously putting pressure on Mastercard (MA) and Visa (V) shares. According to media reports, market…

LONDON (Reuters) – The pound was headed for its fifth weekly gain against the euro on Thursday, having hit its highest in almost two years against the single European currency, which was rattled by political uncertainty in France. The euro fell to its lowest against the pound since late August 2022 this week, after the…