April brought good news for the dollar. At least yesterday's release favored the dollar bulls, allowing the greenback to strengthen its positions across the market. This includes its pair with the euro: the EUR/USD price sharply declined and is currently...
6 months agoFrom the European Central Bank, signals of a dovish nature are increasingly emerging, indicating that the regulator will begin lowering interest rates at the June meeting. The latest reports on CPI growth for March, reflecting a slowdown in inflation both...
6 months agoThe euro-dollar pair continues to hold within the range of the 8-figure as it awaits key events of the week. Following yesterday's decline, the price has returned to previous positions. However, one should approach the current price fluctuations with a co...
6 months agoThe euro-dollar pair has today conquered the sixth figure. Sellers of EUR/USD have updated a four-month price low, and it seems they are not going to stop there. If the bears establish themselves below the support level of 1.0680 (the lower line of the Bo...
6 months agoThe GBP/USD pair shows that it is willing to fight, as it attempts to start a bullish correction. The bulls are not only counting on the greenback's weakness, but are also relying on the UK inflation report. The fact that inflation did not fall as expecte...
5 months ago154.80 is the new price ceiling for USD/JPY. On the wave of the dollar rally, buyers twice approached this resistance level (which, by the way, corresponds to the upper line of the Bollinger Bands indicator on the D1 timeframe) and pulled back twice. Howe...
5 months agoDuring the Asian session on Friday, the euro/dollar pair sharply fell to the 1.0600 area, coming under pressure from reports that Israel had carried out strikes against Iran. The dollar regained strength amid risk-off sentiments but not for long. However,...
5 months agoLadies and gentlemen, please take your seats and fasten your seatbelts: we are entering a zone of high turbulence. The upcoming week is full of crucial fundamental events: the Federal Reserve meeting, the release of key US labor market data, the Eurozone...
2 months agoDuring the European trading session, the EUR/USD pair tried to develop corrective growth amid mixed data on Germany's and the Eurozone's GDP. However, the price turned down again at the start of the U.S. session. Traders are clearly nervous ahead of the F...
2 months ago"It's either feast or famine" is how one could describe the schedule of the most important macroeconomic releases for the EUR/USD pair. The economic calendar of the previous week was overloaded with significant events. Reports on eurozone inflation, euro...
2 months agoDuring the Asian session on Tuesday, the Reserve Bank of Australia will summarize its latest meeting, which will be held in August. In the lead-up to this event, traders are noticeably nervous: contrary to the dollar's broad weakness, the AUD/USD pair hit...
2 months agoFor the second consecutive day, sellers of the EUR/USD pair tried to return to the 1.08 range, but for two straight days, they lacked the strength even to approach the 1.0900 target. The price stopped at 1.0904 on Tuesday, and Wednesday's low was recorded...
2 months ago50 or 25? Throughout August and up to the Federal Reserve's September meeting, this question will be on the agenda among traders of dollar pairs, including EUR/USD. Following "Black Monday," it became clear that the Fed will undoubtedly begin to ease mone...
2 months agoTomorrow, during the Asian session on Wednesday, the Reserve Bank of New Zealand will hold its next meeting. The outcome of the August meeting is not predetermined, even though the baseline scenario suggests that the interest rate will remain at its curre...
2 months ago