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Tag Archives: Euro

Euro Below Support

Negative trading dominated the euro’s movement against the US dollar within the expected bearish path in which we relied on confirming the breach of the 1.1720 support level targeting 1.1620, the pair recorded its lowest price during the previous session at 1.1620. Technically, looking at the 4-hour chart, we find …

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EU Sets up Debt Management Office

A European Union official said on Wednesday that the bloc decided earlier this week to create a debt management office to handle its massive bond issues. The official, who refused to be named, added that the establishment of the office came as a result of reorganizing the general administration of …

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