EUR/USD rises to near 1.0850 as the US Dollar weakens amid accelerating concerns over the US economic outlook. US President Trump’s policies are expected to slow down the US economic growth. ECB’s Centeno expects that Eurozone inflation is almost out of the woods. EUR/USD trades firmly around 1.0850 after recovering early losses in Monday’s European…
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EUR/USD gains as the latest US PCE inflation data aligns with expectations, easing concerns over unexpected US inflation spikes. A slight increase in US Treasury yields could help limit the downside of the US dollar. Traders look to the Eurozone HICP inflation data for further direction ahead of Thursday’s ECB policy decision. EUR/USD pauses its…
The US Dollar kicked off the new trading week slightly on the defensive, managing to rebound from fresh multi-week lows amid tariff concerns, lower yields, and renewed jitters on the health of the US economy. Here is what you need to know on Tuesday, February 25: The US Dollar Index (DXY) dropped to new two-month…
Euro (EUR) is expected to trade in a 1.0450/1.0505 range vs the US Dollar (USD). In the longer run, rejuvenated upward momentum suggests EUR could continue to advance; the levels to monitor are 1.0530 and 1.0560, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Levels to monitor are 1.0530 and 1.0560 24-HOUR…
EUR/USD edges higher to 1.0480 in Monday’s early Asian session, up 0.18% on the day. Germany’s conservatives won the election, AfD leaped to second place, exit polls showed. US February PMI data came in weaker than expected, weighing on the US Dollar. The EUR/USD pair attracts some buyers to near 1.0480 during the early Asian…
The US Dollar maintained its constructive path helped by fresh concerns around US tariffs and amid geopolitical tension in response to negotiations around a potential end of the Russia-Ukraine war. Here is what you need to know on Thursday, February 20: The US Dollar Index (DXY) added to Tuesday’s gains above the 107.00 barrier on…
RSI Trend V4.00: Big Major Updates: 1-Added an integrated Fibonacci indicator with dynamically powerful and effective trend arrows. 2-Added key Fibonacci zones, highlighted with green rectangles as potential trend areas. 3-Rectangle colors change from green to gray after confirming a breakout, specifically for Fibonacci levels 61.8 and 50, as well as levels 138.2 and 161.8….
EUR/USD recaptured a scant 0.2% on Wednesday, but upside remains limited. US inflation metrics rule the roost this week as prices rise faster than expected. US PPI inflation will follow up Wednesday’s unexpected CPI upswing. EUR/USD churned on Wednesday, testing the low end through most of the intraday session before breaking higher after investors tried…
New Update “RSI Trend V 2.00”: Added arrows for trend line color changes, including upward and downward arrows.https://www.mql5.com/en/market/product/132080 Now, there are arrows in the lower section and arrows in the upper section next to the chart,with the ability to show or hide the arrows in the upper section, as well as change their color and size….