$EURUSD Forex Signal: Consolidation to Remain Amid Thin Volumes
It was trading at 1.0620, which was a few points above last week’s low of 1.0570. This price was a few points below this month’s high of 1.0737.The EUR/USD price was in a tight range on Tuesday morning. While markets remained open, volume was extremely thin as many traders remained in holiday mode. This volume is expected to remain low this week as investors take a breather.
Europe’s inflation remains stubbornly high while risks for a recession have risen sharply in the past few months. The most recent economic data showed that the headline consumer price index rose by 10.6% in November.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Price Analysis: Bulls approach 1.0660 hurdle inside weekly rectangleEUR/USD Price Analysis: Bulls approach 1.0660 hurdle inside weekly rectangle – by anilpanchal7 EURUSD Technical Analysis ChartPatterns SupportResistance SwingTrading
Read more »
EUR/USD will continue to struggle in 2023, diving to 0.98 – Danske BankEUR/USD has continued its move higher. Economists at Danske bank shift their forecast profile upwards and now expect the pair to move lower to 0.98 in
Read more »
EUR/USD rejected at 1.0665, remains steady above 1.0640The Euro rally from 1.0615 area witnessed over the last sessions has been capped at 1.0665 right ahead of Tuesday’s European opening. The pair has pul
Read more »
Pairs in Focus This Week-GBP/USD, EUR/USD, AUD/USD, USD/CHFGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 26th, 2022 here.
Read more »
Weekly Forex Forecast \u2013Silver, EUR/USD, USD/JPYThe past week has been quiet in the markets, seeing a weakly risk-off environment as markets review the prospect of an impending global recession. Focus on Silver, EURUSD, and USD/JPY this week here:
Read more »