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CTO report unveils unbelievable comeback of Yen bulls, Surprising Dollar bets boost EUR/USD in a remarkable reversal
30.11.2023
The latest CTO study revealed formerly unseen market insights, revealing a stunning change in the mechanics of currency trading. Contrary to popular belief, Yen Bulls unexpectedly emerged as the front-runners. These unexpected dollar bets changed market sentiment, and the EUR/USD trading...
EUR/USD Hits 6-Week High, as Greenback Weakens Following Fed Hike
23.3.2023
EUR/USD raced to a six-week high on Thursday, as markets continued to react to the U.S. Federal Reserve’s 25-basis-point rate hike. The greenback was lower across the board, falling versus several G7 currencies, including the British pound. EUR/USD On Thursday, the world’s most traded...
EUR/USD: Chances of further strength now look diminished
3.11.2022
The current economic situation of the Euro region The EU economy is anticipated to continue expanding, although at a significantly slower rate than predicted in the Spring 2022 Forecast. The rating agency predicted that the GDP of the eurozone will stagnate in the last quarter of 2022 and...
Where to Sell EUR-USD this Week Amid Resilience?
26.8.2022
Investors are eyeing popular currency pairs like EUR-USD as the financial sector finds its rhythm. The EU nat gas prices are shifting higher with an increase in inventory levels. The week witnessed the EUR-AUD pair breaking through the multi-month support at 1.4370. In other words, the pair is...
US Dollar Uptrend Back to Focus, While EUR/USD to Support Zone
20.9.2021
This week, the US Dollar made a return, further extending gains versus the Euro. After ignoring the 1.1909 – 1.1887 resistance zone, the EUR/USD formed a Shooting Star by August. The pair is preparing to revisit the crucial 1.1704 – 1.1664 support zone after wiping out the 23.6 percent...
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3.9.2021
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EUR/USD Highlights of the Week; Ends the Week at 1.083
9.5.2020
EUR/USD ended the week above 1.080 after marking a rebound from an intraday low of 1.07 in Friday’s session, i.e., May 8, 2020. However, the Euro lacks a gradual support from 50-day and 200-day MA after a dip below 1.09 price area against the US Dollar. After the downward swing, the price trend...