Dollar edges higher; euro and sterling slip ahead of central bank decisions

Dollar edges higher; euro and sterling slip ahead of central bank decisions
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Dollar edges higher; euro and sterling slip ahead of central bank decisions
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Daily Pivots: (S1) 1.1598; (P) 1.1631; (R1) 1.1662; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.1917 is in progress and deeper decline should be seen to 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, above 1.1682 minor resistance will…
Forex Trading Glossary E-F Economic IndicatorMeasures the strength or weakness of all or part of a country’s economy. EMASee Exponential Moving Average Engulfing – Bullish and Bearish(Candlestick Reversal Pattern) The first bar of the pattern is a long black/white day, which is then followed by a white/black candlestick that completely engulfs the total range…
Connections August 15, 2025 As the world turns toward more autocratic styles of government in this 21st century, two of the strangest and most concerning examples of the trend involve the United States and Israel. Is this just mere coincidence, or might there be connections behind this juxtaposition? Many historians have pointed out that literally…
The NVDA stock chart shows that following yesterday’s trading session, the share price climbed over 6%, outperforming the Nasdaq 100 index (US Tech 100 mini on FXOpen), which gained just over 1%. Despite this recovery from a six-month low, NVDA shares remain down 15% year-to-date. Why Did Nvidia (NVDA) Shares Rise Yesterday? Positive sentiment swept…
The Japanese yen has extended its losses on Friday. In the European session, USD/JPY is trading at 150.39, up 0.40% on the day. Tokyo core CPI edges lower to 2.2% After a string of releases that pointed to an upswing in inflation, Tokyo core CPI for February reversed the trend on Friday. Japan’s CPI, PPI…
The EUR/USD price analysis shows a growing economic and monetary policy divergence between the US and the Eurozone. Market participants are pricing a 92.1% chance of a September rate cut. Traders are paying attention to the conflict between Trump and Powell. The EUR/USD price analysis shows a growing economic and monetary policy divergence between the…