EUR / USD rose to its highest level since April 2018 above 1.2100. The US Dollar Index is tilting lower towards 91.00 during the US session. The Fed will publish its Beige Book at 1900 GMT. The pair EUR/USD It capitalized on the extensive selling pressure surrounding the dollar and hit its highest level since […]
Tag: Foreign exchange
USD / CAD remained above 1.2925 despite gains in oil markets
USD / CAD is trading flat on the day around 1.2930 despite strong crude prices. Crude oil market gains have been boosted by news that OPEC + is moving towards a deal. The USD / CAD it is trading flat on the day, despite a solid rise in crude oil prices. Although the pair managed […]
EUR / GBP rises further towards 0.9100, breaks the downtrend line
Libra under pressure due to lack of agreement between the EU and the UK. EUR / GBP with daily gains in almost three months. The pair EUR/GBP it is rising sharply on Wednesday, accelerating the bullish move driven by a weaker pound and also technical factors. It peaked at 0.9083, the highest level since October […]
Additional earnings point to 2018 high near 1.2550
EUR / USD corrects lower after hitting new highs just below 1.2100. Temporary resistances are at 1.2413 and 1.2476. EUR / USD is looking to extend the strong advance of the rally above the 1.2100 region. The firm tone in the EUR / USD remains unchanged and allows the continuation of the uptrend in the […]
USD / MXN in consolidation mode about 20.00
The Mexican peso remains in a favorable trend against the dollar. USD / MXN continues above the psychological support at 20.00. El USD/MXN it is trading without significant changes on Wednesday, in a day without clear directions in the financial markets. The price reached the highest level of the day at 20.14 and then fell […]
USD / TRY Extends Movement Within Range Above 7.8000
USD / TRY maintains daily gains above the 7.80 level. Attention shifts to inflation figures for November on Thursday. Investors remain focused on the CBRT meeting on December 24. The Turkish lira alternates gains with losses against the dollar and boosts the USD/TRY to navigate within the 7.77-7.85 range so far on Wednesday. USD / […]
A move to 90.00 remains on the cards
DXY falls and records new yearly lows just above 91.00. The stakes for a deeper pullback continue to rise. The bearish momentum surrounding the dollar remains unchanged despite the ongoing rebound from the previous 30-month lows around 91.10. Dollar selling pressure is expected to ease somewhat above 92.80 (November 23 high), although further losses continue […]
USD / JPY falls to 104.50, remains in positive territory
Yen makes up some of the lost ground, but remains under pressure. Dollar with mixed results, DXY moves away from highs. USA: Signs of a slowdown in the labor market. The USD / JPY fell back from one-week highs and fell to the 104.50 area, remaining in positive territory and far from the day’s lows. […]
AUD / USD enters consolidation after rising towards 0.7400
AUD / USD loses traction after climbing towards 0.7400 on Wednesday. The Australian economy grew stronger than expected in the third quarter. The US Dollar DXY Index bounces towards 91.50. The pair AUD/USD It extended Tuesday’s gains and rose to a daily high of 0.7393 during Wednesday’s Asian session. However, cautious market sentiment has allowed […]
Next target emerges at 2020 highs
EUR / JPY broke the key barriers at 125.00 and 126.00. Further upside now points to yearly highs around 127.00. The EUR/JPY adding to the recent strong advance and breaking above key resistance around 126.00 following Tuesday’s breakout of another major hurdle at the 125.00 zone. If the buying pressure manages to gain more traction, […]
