EUR / USD pulled away from the highs on a quiet Monday as the dollar’s recovery loses momentum. The short term recovery could continue, it needs a break above 1.1880 to strengthen. The EUR/USD It encountered resistance at 1.1880 and fell back to 1.1854 erasing daily gains. It is hovering around 1.1865, lateralized for the […]
Tag: Main Pairs
EUR / USD gives up daily gains and falls back towards 1.1850
The dollar gains moment at the start of an American session. EUR / USD in neutral ground for the day. The EUR / USD retraced and erased the gains of the day in the last hours before a general recovery of the dollar. The price had reached 1.1880, the highest in two days and is […]
Rises past 1.2350, at new session highs
-637610896382092051.png "Rises past 1.2350, at new session highs")
USD / CAD gained some positive traction on Monday and recovered some of the post-NFP losses. The surge of buying on the dips favors bull traders and supports the prospects for additional earnings. The pair USD / CAD It maintained its offered tone heading into the American session and was last seen hovering near the […]
NZD / USD extends its sideways move above 0.7000
The NZD / USD struggles to find direction at the beginning of the week. The US Dollar Index remains flat above 92.00 on a quiet day. Financial markets in the US will be closed due to the Independence Day holiday. Despite a decisive rally on Friday, the pair NZD / USD it closed the previous […]
USD / JPY does not hold above 111.00, it falls to the 110.80 zone
USD / JPY is going down during European trading hours. The US dollar index is struggling to rebound after Friday’s slide. Market action is expected to remain subdued for the remainder of the day. After hitting its highest level in more than a year at 111.67 on Friday, the pair USD/JPY it fell sharply but […]
GBP / USD rallies further on Friday as US dollar retreats
The dollar is holding on to daily losses during the US session on Friday. US employment data triggers the dollar correction. GBP / USD was up on Friday, but was down for the week. The pair GBP/USD hovering around 1.3800 after a strong recovery from 1.3730, the lowest level since mid-April. The pair hit bottom […]
NZD / USD bounces above 0-7000, still on track to post weekly losses
The NZD / USD staged a decisive rally in the American session. The US Dollar Index struggles to stay above 92.50. The NZD / USD is still on track to close the week in negative territory. The pair NZD / USD It fell below 0.6950 early in the US session but managed to turn 180 […]
USD / JPY pulls back after US data, still heading for highest weekly close in a year
The Japanese yen maintains gains after the US data. The US dollar turns negative even when NFPs exceed expectations. The USD/JPY it pulls back on Friday after rising significantly for two consecutive days. After official US employment, it fell to 111.14 and then rebounded modestly. At time of writing, it is trading at 111.30, en […]
EUR / USD saw limited bounce after US NFP data, hovering near 1.1850
EUR / USD recovered its losses after falling towards 1.1800. Nonfarm payrolls in the US increased more than expected in June. The US Dollar Index consolidates weekly gains around 92.50. The pair EUR/USD It fell to its lowest level since early April at 1.1808 at the start of the US session on Friday, but managed […]
USD / CAD dips below 1.2400 as the dollar weakens following NFP report
USD / CAD broke below 1.2400 early in the US session. The US Dollar Index fell below 92.50 after the NFP report. Rising crude prices help the CAD outperform its rivals. After spending the first half of the day moving sideways in a tight range above 1.2400, the pair USD / CAD fell under renewed […]