EUR/USD Price Approaching 1.08 Ahead of US CPI
The pair bounced after failing to clear the lower middle line. The midline acts like a magnet. Higher US inflation should boost the dollar. EUR/USD is trading at 1.0793 at…
The pair bounced after failing to clear the lower middle line. The midline acts like a magnet. Higher US inflation should boost the dollar. EUR/USD is trading at 1.0793 at…
US inflation data will shape the Federal Reserve's policy decision on Wednesday. US headline inflation is expected to remain flat for November. The difference in interest rates between the UK…
Financial markets were calm ahead of US consumer price index data. Oil prices rose, but investors remain wary of US inflation data. Speculators cut bearish bets on the Canadian dollar.…
In November, US employers expanded their payrolls by 199,000 workers. Consumer sentiment in the US improved in December. The US central bank is likely to keep rates within the existing…
Clearing the psychological level 1.26 activates further growth. Its failure to retest the median line (ml) heralded exhausted sellers. The consumer price index in the US should bring sharp developments.…
Data revealed an acceleration in US job growth in November. There was a drop in the unemployment rate to 3.7%. There is speculation that the Bank of Japan may be…
The dollar got a boost thanks to an upbeat jobs report. The Central Bank of Australia kept interest rates unchanged on Tuesday. Investors are eagerly awaiting the FOMC's policy meeting.…
The Canadian dollar weakened after the Bank of Canada kept rates steady at 5%. Oil fell for a seventh week on concerns over oversupply. The US economy reported 199,000 jobs…
Despite the temporary spikes, the EUR/USD pair maintains a bearish bias in the short term. A new lower low triggers more dips. US NFP, unemployment rate and average hourly earnings…
There is optimism that ultra-low interest rates in Japan are coming to an end. The dollar was weak ahead of an expected US non-farm payrolls report. Japan's economy shrank faster…