Tag Archives: Euro

After the moves of the European Central Bank and the rise of the US dollar, the euro settles below the 1.2170 support level and continues to decline To be updated…

After a week of anxious waiting, the markets received the high US inflation number they had been dreading, then shrugged it off and moved on, leaving the USD under pressure and most of the major currencies stuck in tight ranges. In early trading in the Asian session, the dollar incurred …

Mixed trading dominated the euro’s movements against the US dollar during the previous session, to only touch the first target that was required to be achieved during the previous analysis, located at 1.2145, to record the lowest price at 1.2143. Technically, the current moves are witnessing a return to stability …

The European Central Bank is expected to leave its PEPP unchanged at a total of EUR1.85 trillion. The ECB releases its decision at 11:45 GMT while ECB President Christine Lagarde begins her press conference at 12:30 GMT. Danske Bank “The ECB meeting will focus on the financing conditions, PEPP implementation …

The European Central Bank will announce its decision at 11:45 GMT, and if it does not cut back on purchases, the Euro may fall. The press conference begins at 12:30 GMT, on the other hand, the US will release CPI data and unsurprising inflation numbers may lead to a rebound …

According to the economists surveyed by Bloomberg, the European Central Bank (ECB) is expected to maintain the current pace of the bond-buying programme while upgrading the outlook for growth and inflation.

Sideways trading dominates the movements of the single European currency for several sessions in a row, to find it difficult to settle above the pivotal resistance level published during the last analysis at 1.2210. Technically, and with careful consideration of the chart, the current movements are witnessing a bearish tendency, …

The dollar clung to its recent gains on Wednesday, June 9, as traders awaited US inflation data and the European Central Bank meeting to gauge the pace of global recovery and learn what policy makers are thinking about reducing stimulus programs. The meeting is scheduled to be held, and inflation …

Currency market volatility fell on Tuesday, June 8 to its lowest level since before the outbreak of the Corona pandemic, causing turmoil in the markets in March 2020, as investors refrained from forming positions, waiting for clearer signals about the path of inflation and the reactions of central banks. Currencies …

Mixed trading dominated the movements of the euro against the US dollar during the previous trading session, to witness the current movements of the pair attempts to stabilize above the resistance level of 1.2170. On the technical side today, and by looking at the 240-minute chart, we find the 50-day …