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
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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 GBPUSD is bid as the market prepares for PM Boris Johnson's official resignation announcement.
FXCM Senior Market Specialists, Russ and Nik, discuss the drop in EURUSD and the prospect of the currency pair reaching parity.
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
With all the market turmoil and uncertainties, the dollar has become the safe haven of choice.
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 Australian central bank stayed on its aggressive tightening path and delivered another rate increase today, in a decision that offered no surprises
The USDOLLAR is overbought. This excess may suggest that the Fed does not have as much room to be aggressive as the market has discounted.
EURUSD capitulation signs after a bullish day yesterday.
The pair had a poor couple of days, but defended key support area and rebounds today, pushing for another profitable week
Factory activity picked up in Australia’s biggest trade partner as today’s data showed, providing some reprieve to the pair, which runs a losing week
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