Tag Archives: Euro

The dollar hit a four-month high on Wednesday, March 24, as concerns about a third wave of the Covid-19 pandemic in Europe, the prospect of a tax hike in the United States, and mounting tension between the West and China weighed on risk appetite. The dollar index rose to a …

The single European currency retreated significantly during the previous trading session. We have maintained our intraday neutrality during the previous report, indicating that we are awaiting confirmation of a break of the 1.1880 support level, in order to facilitate the mission to visit 1.1800, recording a low at 1.1836. On …

The US dollar fell from its highest in four months against a basket of currencies on Monday, matching a drop in US Treasury yields. The dollar index fell 0.34% to 91.780 at the end of the trading session, after gaining 0.5% last week. The US Treasury yield fell today from …

Quiet trading dominated the moves of the euro against the US dollar during the previous trading session, to find the pair a good support floor around 1.1880 within limited upside attempts to target a re-test of 1.1950. On the technical side today, and with a closer look at the 60-minute …

The Euro (EUR) is rising against the U.S. Dollar (USD) on Monday, starting the week with a positive performance amid the decline of the USD, which in the absence of major economic data remains impacted by the movement in Treasury bond yields. The benchmark U.S. 10-year Treasury bond yield is …

The dollar has consolidated near its highest level in 4 months after Turkish President Recep Tayyip Erdogan surprised investors over the weekend by changing the central bank governor, which adopts policies that tend to tighten monetary, which led to turmoil in currency markets globally. The lira fell about 15%, near …

Quiet trading tended to be negative, dominating the movements of the euro against the US dollar, heading to touch our first target to be achieved, 1.1885, recording the lowest price of 1.1873. Technically speaking, and with a closer look at the 4-hour chart, we find the euro is based on …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, after finding a strong resistance level near 1.1970. Technically speaking today, and by looking at the 4-hour chart, we find the 50-day moving average that supports the idea of ​​a further decline, in …

Rising US bond yields boosted the dollar on Thursday, March 18th, helping it recover from its lowest level in two weeks after the US Federal Reserve dispelled speculation of an interest rate hike. And 10-year US Treasury bond yields recorded their highest levels in 13 months in early London trade, …

The US dollar rose on Wednesday, March 17th and 10-year Treasury yields approached a 13-month peak ahead of the US Federal Reserve meeting that may shed some light on the timing of future interest rate hikes and the bank’s tolerance for higher yields. Policymakers are expected to release forecasts for …