The appreciative move in the Europe made the EUR/USD bullish on Today market session. The pair recovered from the low which is made on Friday post-Nonfarm Payroll (NFP) data. The US Dollar Index (DXY) follows the treasury yields and retreats from the monthly high. Mixed US economic data dropped the green back. NFP data came [...]
Euro is somewhat picking up bids on the second day heading into Friday’s European session. EUR/USD is encouraging bullish market sentiment and US dollar retreat as bulls. However, it should be noted that the US Federal Reserve (Fed) wishes the traders to study inflation data late on a monthly basis. Fears of the US Personal [...]
EUR/USD made a drop on Wednesday amid downbeat retail sales data and uptick in the US Treasury yields. US dollar holds onto recent gains with higher yields, strong ISM Manufacturing PMI and covid concerns. German retail sales monthly report showed a fall in figure to -5.5% against the previous record of 7.7% and the forecast [...]
The European Union (EU) is gaining the trader’s attention with its strict stand versus the UK over Brexit ahead of the April 27 deal deadline. Supporting the bloc is the headlines conveying the geopolitical risks in the South China Sea and willingness to welcome the US tourists during the summer holidays. During earlier in Asia, [...]
