Euro to strengthen against dollar in 2026, RBC sets target at 1.24

Euro to strengthen against dollar in 2026, RBC sets target at 1.24
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Euro to strengthen against dollar in 2026, RBC sets target at 1.24
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China’s GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from previous quarters (5.3%, 4.7% and 4.6%). This made it possible to achieve annual economic growth of 5%, which corresponds to the official target. Increased economic activity was due to a policy change in September last year, but…
The US Dollar bounced higher after Warsh’s nomination but is showing signs of stalling. Recent labor data previews (JOLTS, Claims) showed unexpected weakness. Dollar Index Technical Analysis ahead of Non-Farm Payrolls. Markets have a lot to digest in recent trading, with geopolitics, the new Fed Chair nomination, earnings season, tech selloffs, and growing fears that…
So, you’ve subscribed to premium signal providers and top-tier trading newsletters. Your chart lights up with trade setups from every corner of the forex universe. Yet, instead of cashing in on pips, your account balance keeps shrinking. Frustrating, isn’t it? 🫤 If this sounds familiar, the problem might not be the signals themselves—but you and…
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a…
The Dow Jones index (US30) was down 0.31% at Wednesday’s close. The S&P500 Index (US500) decreased by 1.12%. The Nasdaq Technology Index (US100) was down 2.04%. The US stocks fell sharply on Wednesday as technology shares led a broad sell-off amid growing concerns over looming US tariffs. Shares of Nvidia and Tesla fell more than…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…