Tag Archives: Euro

Positive trading continues to dominate the euro’s movements against the US dollar within a gradual rise to the upside, with the continuation of work within the bullish price channel shown on the chart. In terms of technical analysis today, we find the Euro succeeded in maintaining trading above 1.1950, and …

Data from the European Union statistics office Eurostat revealed today, Friday, that eurozone inflation accelerated, according to preliminary estimates in March, mainly driven by rising costs of services and energy. Eurostat confirmed its earlier estimates that consumer prices in the eurozone, which includes 19 countries, rose 0.9% on a monthly …

The dollar is heading towards its worst consecutive weekly decline since the start of the year as Treasury yields continue to decline as investors increasingly accept the Fed’s insistence on maintaining an easing policy stance for a longer period. Record 10-year Treasury yields fell to a one-month low of 1.528% …

The attempts to gradually ascend the euro against the US dollar continue within the expected bullish path, benefiting from building on the support level of 1.1900, gradually approaching the first target required to be achieved during the previous analysis at 1.2010, recording a high of 1.1995. Technically speaking, we find …

Positive trading dominated the euro against the US dollar so that the pair could touch the official target station during the previous analysis at 1.1975, recording a high of 1.1987. Technically, we find the current moves are witnessing stability above the psychological barrier of 1.1900, and we find the 50-day …

The dollar settled near its lowest level in a month on Wednesday as strong demand in a US bond auction led to a broad drop in Treasury yields and curtailed the interest rate advantage that the greenback enjoyed against other major currencies. In early trading in London, the dollar rose …

We committed ourselves to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1.1885, and then 1.1925 to enhance the chances of an advance towards 1.1975, to record the highest level during the previous session at 1.1955. Technically, …

The dollar rose from a nearly three-week low against the major rivals on Tuesday, buoyed by a surge in US Treasury bond yields, as investors awaited closely watched US inflation data, which is scheduled for release later on Tuesday. The dollar had retreated, as did US bond yields this month, …

The pair provided calm, positive trading, benefiting from stability above the strong support level at 1.1880, as part of attempts to stabilize above the psychological barrier of 1.1900. Technically speaking and with a closer look at the 60-minute chart, we find the 50-day moving average trying to provide a positive …

The dollar fell to near its lowest level in two and a half weeks against the major counterpart currencies on Monday, April 12th, as a decline in US Treasury yields pressed the currency. The British pound fell, heading towards its lowest level in two months, and continued its retreat from …