EUR/USD Technical Analysis: Ahead of the German IFO

BY admin admin

The Euro price dropped against most other major currencies at the end of last week’s trading, amid deteriorating investor sentiment as tensions between the United States and China escalated and China decided not to set a target for economic growth for 2020 due to the coronavirus pandemic.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Japanese manufacturers' sentiment improves: Reuters Tankan survey

<p>Reuters Tankan survey findings:</p><ul><li>Sentiment at big Japanese manufacturers improved for a second straight month, plus 12 in December compared with plus 6 the previou

Forex

Credit card and overdraft debt to rise by £5k a household by 2028, analysis shows

<p>Rise in unsecured debt which includes car loans and unpaid utility bills shows fragility of national economic health, Labour says Borrowing on the likes of credit cards and overdrafts will ri

Forex

GBP/USD Reached 1.3700

<p>Yesterday, the GBP/USD exchange rate breached the short-term descending channel north and skyrocketed to 1.3700. It is likely that the currency pair could gain support from the weekly R1 at 1

Copyright © 2024 | WordPress Theme: Xews Lite