EUR/USD turns positive near 1.0830 ahead of key data – by pabspiovano EURUSD Currencies Majors
German 10-year yields look to extend the recovery near 2.20%.The European currency attempts to leave behind the recent weakness and motivatesEUR/USD remains well supported around 1.0800
By the same token, the dollar sees its recent recovery somewhat curtailed and forces the USD Index to surrender some of its recent gains amidst the resumption of the normal activity in the US markets. Across the Atlantic, the NY Empire State Index will be in the limelight seconded by short-term bill auctions and the speech by FOMC’s J.Williams.EUR/USD appears so far well underpinned by the 1.0800 neighbourhood amidst some renewed weakness and inconclusive trends in thePrice action around the European currency should continue to closely follow dollar dynamics, as well as the impact of the energy crisis on the euro bloc and the Fed-ECB divergence.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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.
Weekly Forex Forecast \u2013Gold, EUR/USD, USD/JPY, AUD/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Read more »
EUR/USD: Weekly Forecast 15th January - 21th JanuaryUntil mid-Thursday of last week the GBPUSD traded in a rather consolidated manner, but the quiet speculative landscape disappeared and the currency pair began producing vicious moves- Forex Trading Forecast
Read more »
EUR/USD Price Analysis: Bears attacking the bullish H4 trendline supportAs per the prior analysis, EUR/USD Price Analysis: Bulls could be running into a trap, it was explained that the breakout traders had been triggered i
Read more »
EUR/USD juggles below 1.0850 as focus shifts to US PPI and Retail Sales dataThe EUR/USD pair is struggling to find any direction as the United States markets are closed on Monday on account of Martin Luther King’s Birthday. Th
Read more »
EUR/USD refreshes eight-month high above 1.0870 as risk profile soars, US PPI in focusThe EUR/USD pair has displayed a decent upside after breaking above the critical resistance of 1.0840 in the Asian session. The major currency pair ha
Read more »
EUR/USD recedes from fresh tops near 1.0880The European currency starts the week in a positive fashion and lifts EUR/USD to new highs near 1.0880, where some initial resistance appears to have
Read more »