EURUSD – Euro Nosedives Vs Dollar As Market Settles Down

EURUSD – Euro Nosedives Vs Dollar As Market Settles Down Key Highlights The Euro after trading as high as 1.1299 against the US Dollar found sellers and moved down. There was a bullish trend line formed on the hourly chart of EURUSD, which was broken during the downside move at 1.1020. Today, the Chinese Retail Sales report released by the National Bureau of Stati...
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EURUSD Eyes More Gains As Sentiment Improves

EURUSD Eyes More Gains As Sentiment Improves Key Highlights             Euro after tumbling once against the US Dollar after the ECB event managed to gain bids on the downside. The EURUSD pair recovered sharply and posted healthy gains recently. In China, the Industrial output released by the National Bureau of Statistics of China posted an increase of 5.4...
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EURGBP – British Pound Weakness To Continue?

EURGBP – British Pound Weakness To Continue? Key Highlights             Recent economic releases in the UK failed to help the British Pound and it traded lower not only against the US dollar, but also against the Euro. EURGBP traded above 0.7400-50 resistance area, which pushed the pair higher in the short term. Today, the Euro Area Industrial Production...
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