The EUR / USD remains bearish, but manages to affirm around 1.2150. DXY retreats after rising for four days. EUR / USD is flat on Tuesday, after posting a pullback on Monday and the lowest daily close in nearly a month. The price rebounded to 1.2179, but ran out of steam and fell back to […]
Tag: EURUSD
Germany: Merkel says lockdown will last until April – Bild
German Chancellor Merkel has said that she expects the lockdown to last until April, Bild reports. On January 5, Merkel confirmed that they will extend the. Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts […]
Von der Leyen reports that AstraZeneca has requested the EMA for authorization for its coronavirus vaccine
The President of the European Commission, Ursula von der Leyen, tweeted on Tuesday that AstraZeneca has applied to the European Medicines Agency (EMA) for authorization for its vaccine in the EU. Good news! @AstraZeneca has applied to @EMA_News to have their vaccine authorized in the EU. @EMA_News will evaluate the safety and efficacy of the […]
Schnabel says inflation is not dead and is forecast higher in 2021
“We expect inflation to rise in 2021 from current negative levels“, said on Tuesday the member of the governing board of the ECB Isabel Schnabel. Additional comments: Just because inflation is as low as it is now does not mean that it no longer exists. Globalization has had a moderating effect on the evolution of […]
EUR / USD: Odds increase for a test of 1.2080
UOB Group currency strategists note that EUR / USD risks a probable drop to the 1.2080 region In the next weeks. Key Comments: 24 hour view: “Yesterday we expected the EUR to ‘weaken to 1.2150’. We indicated that ‘the next support at 1.2125 is probably out of reach.’ Subsequently, the EUR / USD fell to […]
Bulls look for a significant recovery from daily support
EUR / USD meets daily support, bulls are looking for a recovery to at least the 38.2% Fibonacci retracement. The US dollar extends the upward correction from monthly support. The pair EUR / USD has extended the decline earlier this week as the US dollar continues to rebound from the nearly 3-year low reached last […]
EUR / USD remains under pressure around 1.2150
EUR / USD is trading negative near the 1.2150 region. The USD continues to strengthen aided by higher yields in the United States. The selling bias around the common currency remains firm and keeps EUR / USD under pressure near the 1.2150 region at the start of the American session on Monday. EUR / USD […]
A move to 1.2120 is possible
EUR / USD breaks the 1.22 support and is trading at three-week lows. More losses could extend to the 1.2130 / 25 band. EUR / USD further loses control at the beginning of the week and falls to three-week lows near 1.2150. Against this, the downward corrective side in EUR / USD could have more […]
EUR / USD points to pullback with support seen at 1.2129 / 22 – Credit Suisse
The EUR / USD lost traction and fell below the 1.22 level. Credit Suisse economists see room for further weakness and a possible test of the 38.2% retracement of the November / January rally at 1.2065. Key statements: “EUR / USD is extending its rejection of our long-term ‘measured base target’ at 1.2355 and with […]
EUR / USD falls to 2-1 / 2-week lows near 1.2150
He EUR/USD has lost more than 70 pips since the start of Monday, slipping into European morning to its lowest level in 19 days at 1.2155 zone. At time of writing, the pair is trading above 1.2163, shedding 0.51% on the day. The fall of the cross is directly related to the rise of the […]
