$EURUSD Forex Signal: The situation over recent days and weeks can be summarized by US Dollar strength, and although the price occasionally reached new long-term lows, it is surprisingly resilient and reluctant to fall much below $0.9900.
August, I saw the technical picture as more bearish following the descent through blue sky to new 19-year lows which had not been seen since 2022, well below parity.
There are signs this may be changing, as the US Dollar powers to new long-term highs, but it is notable that the Euro is holding up relatively well compared to most other currencies. , with markets expecting a 0.75% but Lagarde’s statements on how several other monetary issues will be resolved by the bank are keenly awaited and very controversial. The fate of the Euro might depend a lot on Lagarde’s words tomorrow.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gold price steadies as Europe’s energy woes see dollar strengthenCentral banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold.
Weiterlesen »
Dollar Flight Club Has Your Back If You Want To Get AwayDollar Flight Club Has Your Back If You Want To Get Away!
Weiterlesen »
Forex Today: Dollar reigns as risk aversion leadsWhat you need to take care of on Tuesday, September 6: The greenback started the week advancing against most major rivals, although a Federal holiday
Weiterlesen »
Forex Today: Dollar holds steady ahead of ISM Services PMI dataHere is what you need to know on Tuesday, September 6: With trading conditions normalizing following the three-day weekend in the US, the US Dollar In
Weiterlesen »
Weak Pound Holds Steady Against Dollar, Euro as Truss Named British PMThe weakening pound held steady against the dollar and the euro on Monday, with Truss’ victory already factored into the equation, and with rising inflation and fuel prices weighing on the currency.
Weiterlesen »