Euro regains upside traction and approaches 1.08080 ahead of US data, Fedspeak

BY admin admin

The Euro (EUR) loses some upside momentum against the US Dollar (USD), prompting EUR/USD to trade slightly on the defensive around the 1.0840 zone at the end of the week.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

US Regulators Probe into Morgan Stanley and Goldman Sachs Block Trades

The US Securities and Exchange Commission (SEC) and the Justice Department are investigating whether hedge funds were informed in advance prior to large share sales.

Forex

US 30 Cash Index Range-Trading Continues

<p>The US 30 cash index bounced off its 50-day simple moving average (SMA) and it is now hovering around the 33,754 area. The bulls have managed to record a series of higher lows and they are ap

Forex

GBP/USD Continues To Trade Within Falling Wedge Pattern

<p>Yesterday, the GBP/USD exchange rate bounced off the upper boundary of the rising wedge pattern. From a theoretical point of view, it is likely that the currency pair could re-test the lower

Copyright © 2024 | WordPress Theme: Xews Lite