The euro reached towards the 50-day EMA to test that technical indicator, as there was a little bit more of a “risk on” type of attitude around the world as Russian troops, at least some of them, walked away from the Ukrainian border.
Enter your emailI think we are in for a very bumpy ride going forward, and I just do not see that changing anytime soon.
With this, the US dollar sold off, but at the same time we should keep in mind that this pair has been going lower longer term, and the recent surge higher had a lot to do with Christine Largarde finally recognizing that there was inflation. Do not get me wrong, she is not going to do anything about it anytime soon, but it caused a little bit of a shock.
If we can break above the 1.15 handle, then it really does not matter what I think is going to happen, we will have broken above a significant barrier. In that scenario, you would be looking at a potential move towards the 1.16 level, but I do not know that it would be easy. After all, there has been a lot of noise in that general vicinity, so I think what we have going on here is a market that is going to continue to be very noisy and choppy more than anything else.
I think we are in for a very bumpy ride going forward, and I just do not see that changing anytime soon.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
50% Of Taxpayers Worry Tax Refunds Will Be Smaller This YearThe 2022 tax filing season has begun, and a stretched-thin IRS has already warned Americans that they should be patient as it processes returns. But a new survey finds that many taxpayers are already feeling pessimistic about their upcoming experience this tax season—especially parents. More than 50% of respondents of a YouGov/Forbes Advisor poll of […]
Weiterlesen »
50 Black actors who made entertainment historyStacker presents 50 Black actors whose performances broke barriers and made entertainment history.
Weiterlesen »
The 50 Best Alt-Rock Love SongsNot all love songs are romantic. Not all love songs are even happy. It all depends on your definition of the term. For every 'My Girl' or 'Your Song,'
Weiterlesen »
The Chicago Reader at 50: A half-century of revolutionary storytelling - Chicago Reader🗣️ NOW EXTENDED || Our exhibition at NewberryLibrary is open thru March 5! 'The Chicago Reader at 50: A Half-Century of Revolutionary Storytelling' commemorates our anniversary through a multimedia display of stories, photographs, cartoons, and more 👇
Weiterlesen »