EUR/USD Outlook: Bearish Bias Amid Central Bank Uncertainty
Current Price: 1.0496Sentiment: Neutral to bearishSupport: 1.0460, 1.0410, 1.0375Resistance: 1.0520, 1.0570, 1.0625 The EUR/USD pair remains under mild…
Read MoreEUR/USD Retreats Below 1.0500 Amid ECB’s Dovish Stance and Dollar Recovery
EUR/USD fell below the psychological 1.0500 level during Monday’s European session, reversing earlier gains as dovish signals from…
Read MorePound Sterling Strengthens Amid Steady UK PMI Growth and Fed-BoE Policy Focus
The Pound Sterling (GBP) climbed to near 1.2670 against the US Dollar (USD) during Monday’s session, driven by…
Read MoreGold: What does the rejection near $2,720 signal?
Gold falls below $2,700 after double top. Maintains neutrality within $2,540-$2,720. Gold came under renewed selling pressure after the…
Read MoreUK Preliminary Services PMI Rises to 51.4 in December, Beating Expectations
In December, the UK Services PMI rose to 51.4, surpassing the market forecast of 51.0. However, the UK…
Read MoreAustrian Economy Struggles to Recover
Austria's economy remains weak, continuing its contraction from 2023 into 2024, marking a second consecutive year of recession.…
Read MoreLagarde Speech: ECB Prepared to Cut Rates Further If Disinflation Continues
On Monday, European Central Bank (ECB) President Christine Lagarde spoke at the Annual Economics Conference titled “Pillars of…
Read MoreEUR/GBP Consolidates Above 0.8300 Ahead of PMI Data
The EUR/GBP pair is holding steady above 0.8300 as traders await Purchasing Managers Index (PMI) figures from both…
Read MoreEUR/USD Outlook: Stability Prevails Ahead of Fed Meeting
The EUR/USD pair remains stable around the 1.05 level as market participants exercise caution, avoiding significant moves ahead…
Read MoreAustralian Dollar Holds Steady as US Dollar Weakens Amid Fed Rate Cut Expectations
The Australian Dollar (AUD) rebounded on Monday, halting its four-day losing streak as the US Dollar (USD) softened.…
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