This strategist thinks EUR/USD is going to 1.40. Here's why

This strategist thinks EUR/USD is going to 1.40. Here's why
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This strategist thinks EUR/USD is going to 1.40. Here's why
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As expected, the Federal Reserve yesterday cut the Federal Funds Rate from 4.25% to 4.00%, while Jerome Powell’s remarks reduced the likelihood of further rate cuts. Meanwhile, decisions by other key central banks are also influencing the currency markets, according to Forex Factory: → The Bank of Canada lowered its policy rate from 2.50% to…
Barclays has appointed Adrish Ghosh as Head of its Private Bank for India, the firm announced on Thursday. Ghosh, who has been serving as Interim Head since August 2025, previously led distribution for the Private Bank in India and has played a central role in expanding client engagement and supporting business growth. With more than…
US stocks opened higher on Monday, 9 June, but pared gains in the second half after US-China trade talks in London concluded without progress. Talks are set to resume on Tuesday, 10 June. The S&P 500 (+0.1%) and Nasdaq 100 (+0.2%) posted modest gains, while the Russell 2000 outperformed (+0.6%). The Dow Jones Industrial Average…
After weeks of decline and indecision, Dogecoin is facing a positive sentiment. The latest market recovery has lifted sentiment, and technical indicators now point toward a potential upside. DOGE jumped 9% today (Tuesday) to a high of $0.1729. Ranked #8 on CoinMarketCap with a market capitalization of $25 billion, the meme coin is now up…
The Fine Fractal Channel MT4 Indicator is designed to detect fractal patterns in price action, connecting them into channels that reveal market trends. These channels provide a visual roadmap of support and resistance levels, helping traders spot potential breakouts and reversals. It automatically adapts to different timeframes, making it useful for both short-term scalpers and…
US equity markets slumped hard at the open but recovered to flat within 90 minutes of the open. From there some strong momentum and FOMO in tech names took over and there were strong gains. However late in the day, the enthusiasm fizzed and most markets closed near flat, which also left them close to…