-
EUR/USD: Bearish Trend Awaits Crucial Week
During last week's trading, the bears tried hard to push the EUR/USD price below the support level of 1.0800 to further confirm the strength of the downtrend. The losses stopped at the support level of 1.0825 and closed this week's trading stable around the level of 1.0855. This performance will be on an important and fateful date this week, as the US jobs numbers and the US Federal Reserve's policy decisions will be announced, in addition to the announcement of the inflation numbers for the Eurozone. According to the economic calendar of last week, the US Federal Reserve's preferred inflation measure remained low ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 29, 2024 6:33pm Jul 29, 2024 6:33pm
-
xDREx - | Membership Revoked | Joined Dec 2020 | 16 Comments
-
- Older Stories
From cbi.org.uk|Jul 29, 2024Retail sales volumes fell at an accelerated rate in the year to July, according to the latest CBI Distributive Trades Survey. This marked the second consecutive month in which ...
From brecorder.com|Jul 29, 2024Japan’s 10-year government bond yield fell to a near two-week low on Monday, tracking the drop in US Treasury yields in the previous session and due to receding caution of any ...
From interest.co.nz|Jul 29, 2024The Reserve Bank (RBNZ) told Parliament's Finance and Expenditure Committee banking has a “key role” to play when it comes to climate adaptation. RBNZ Assistant Governor Simone ...
-
- Newer Stories
From cnbc.com|Jul 29, 2024You probably haven’t heard Bernie Madoff’s name in awhile, but that doesn’t mean the infamous fraudster’s story is over, or the pain he inflicted. Irving Picard, an 83-old ...
From marctomarket.com|Jul 29, 2024|1 commentThe US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations ...
From bnnbloomberg.ca|Jul 29, 2024Hedge funds have ramped up bets for a stronger pound to the highest in a decade, increasing the chances of a violent retreat if a possible interest-rate cut spurs losses later ...
- Story Stats
- Posted: Jul 29, 2024 6:57am
- Submitted by:Category: Technical AnalysisComments: 1 / Views: 3,889
