Trade the EURUSD today using our forexsignal here:
It moved below 1.0400 as the US dollar index rebounded. It was trading at 1.0365 on Tuesday, which was about 9% above the lowest point this year.The EUR/USD price formed a double-top pattern ahead of important economic data from Europe and the United States.
Economists polled by Reuters expect that consumer confidence dropped to -23.9 in November as inflation remained at an elevated level. They also expect that the business and consumer survey improved from 92.5 in October to 93.5. These numbers will likely imply that the European Central Bank will continue hiking interest rates in the coming meetings. Recent ECB speakers have hinted towards another 0.75% rate hike in December.
The US will also publish the latest house price index data. With mortgage rates surging, house prices in the US have been in a strong downward trend in the past few months.EUR/USD forecast
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EUR/USD Forex Signal: Bulls Tiring Ahead of Lagarde StatemenThe EUR/USD price remained in a consolidation close to its highest point this month ahead of the upcoming US and European consumer confidence data.
Weiterlesen »
EUR/USD Forex Signal: Bulls Tiring Ahead of Lagarde StatemenThe EUR/USD price remained in a consolidation close to its highest point this month ahead of the upcoming US and European consumer confidence data.
Weiterlesen »
Weekly Forex Forecast \u2013 GBP/USD, EUR/USDWhen starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole.
Weiterlesen »
GBP/USD Forex Signal: Pullback to 1.2000 Highly LikelyThe GBP/USD exchange rate rose to the highest level since Wednesday 17 as the US dollar continued retreating.
Weiterlesen »
BTC/USD Forex Signal: Brief Rebound LikelyThe BTC/USD price remained in consolidation during the weekend as demand for digital coins remained tight.
Weiterlesen »
AUD/USD Forex Signal: Wide ConsolidationMy previous signal on 9th November was not triggered, as there was no bullish price reaction when any of the support levels were first reached that day.
Weiterlesen »