EUR/USD weakness unlikely to stay as dollar bears to return: BofA

EUR/USD weakness unlikely to stay as dollar bears to return: BofA
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EUR/USD weakness unlikely to stay as dollar bears to return: BofA
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Investing.com – The U.S. dollar edged lower Tuesday, but remained near seven-week highs as traders mulled the outlook for Fed monetary policy in the wake of last week’s strong jobs report. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower to 102.139,…
The GBPUSD price rallied upwards yesterday to touch 1.3429 level, noticing that the price finds solid resistance there, to show some temporary bearish bias, waiting to resume the positive trades to breach the mentioned level and open the way to visit 1.3500$ that represents our next main target. The EMA50 supports the continuation of the……
Market Analysis: NZDUSD Bullish Momentum Faces Short-Term Pullback Amidst Key Resistance NZDUSD price has recently embarked on a pronounced bullish climb, moving away from the pivotal 0.58600 support level. This currency pair has shown a pattern of alternating bullish and bearish phases, effectively keeping the market within a range-bound framework. The failure of NZDUSD to…
2025.09.05 2025.09.05 Gold Demand Surges on ETF Inflows and Central Bank Buying. Forecast as of 05.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold ETF reserves have reached an all-time high in dollar terms, central banks are ramping up bar purchases, and tariff fears are sending the metal to the US. Let’s discuss it and make a trading plan for…
Pausing While Watching Middle East and Awaiting Second Round of Powell Testimony June 25, 2025 A fragile truce in the Iran-Israeli military conflict is mostly holding. Today is day two of a three-day NATO summit in The Hague. Agreement on a sharp increase in defense spending heads the agenda. In the wake of Middle Eastern…
September rate hike odds were the talk of the forex town, creating a sour week for the Greenback, but there were other stories in FX to mix up the price action this week. Source link