EUR/USD Tries to Steady Ahead of Key Tech Level & US NFPs
Fears of recession have caused the pair to plunge this week, while Fed officials pressed on the tightening front, with hawkish comments
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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Fears of recession have caused the pair to plunge this week, while Fed officials pressed on the tightening front, with hawkish comments
The pair dropped to the lowest levels since the height of the pandemic on Wednesday, hurt by recession fears and renewed political uncertainty in the UK
XAU/USD tries to take a breath today, after yesterday’s slump due to recession fears that sent investors to the arms of the US Dollar
The common currency just dropped to levels not seen since December 2002 against the greenback, which finds renewed strength during today’s European session
The popular cryptocurrency collapsed during the second quarter of the year, but tries to find a floor at the beginning of Q3
The Australian central bank stayed on its aggressive tightening path and delivered another rate increase today, in a decision that offered no surprises
The pair finds support after Friday’s drop and volatility, but the technical landscape remains unfriendly
The two Chinese electric vehicle (EV) startups released solid deliveries for the second quarter of the year, while China was the biggest market last year
The pair had a poor couple of days, but defended key support area and rebounds today, pushing for another profitable week
The commodity registered its first negative month of the year, amidst stagflation fears, while OPEC+ maintained its output hike plan
The German index slumps today and sets new June lows, heading towards its worst month of the year, amidst broader risk-off mood
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