EUR/USD looks slightly bid around 1.0700 ahead of EMU data – by pabspiovano EURUSD Currencies Majors
German 10-year bund yields climb further and target 2.50%.The single currency maintains the erratic performance in place so far this week and now motivatesEUR/USD faces extra consolidation near term
The absence of strong drivers for the pair’s price action continues to underpin the ongoing directionless pattern, although a more cautious trade is expected to emerge in light of the release of crucial US inflation figures and the FOMC event, both due next week. In the domestic calendar, another revision of the EMU Q1 GDP figures will be the only scheduled release, while weekly Initial Claims and Wholesale Inventories grab all the attention across the ocean.EUR/USD flirts with the key 1.0700 area amidst the generalized lack of clear direction in the global markets.
: Continuation of the ECB hiking cycle in June and July . Impact of the Russia-Ukraine war on the growth prospects and inflationSo far, the pair is up 0.13% at 1.0711 and the surpass of 1.0779 would target 1.0807 en route to 1.0879 . On the downside, initial support lines up at 1.0635 seconded by 1.0516 and finally 1.0481 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD may trade well within a 1.0680-1.0780 range into tomorrow's BoC meeting – INGEconomists at ING analyze EUR/USD outlook. May be too early to expect EUR/USD to add to yesterday's gains With US two-year yields holding onto around
Baca lebih lajut »
EUR/USD Forex Signal: Choppy ConditionsMy previous EUR/USD signal on 25th May produced a profitable long trade from the bullish bounce at the support level which I had identified at $1.0707.
Baca lebih lajut »
EUR/USD to see one more down leg on failure to surpass 1.0860/1.0900 – SocGenEconomists at Société Générale analyze EUR/USD technical outlook. Upside capped at 1.0860/1.0900 The pair has formed an interim trough near 1.0630. An
Baca lebih lajut »
EUR/USD fits below 1.0700 post weak Eurozone Retail Sales and upbeat US DollarEUR/USD witnessed a vertical fall after retreating from 1.0733 in the early New York session. The major currency pair has dropped to near 1.0670 after
Baca lebih lajut »
EUR/USD Price Analysis: Still room for further declineEUR/USD comes under fresh downside pressure and drops below the key support at 1.0700 the figure on turnaround Tuesday. The pair remains well under pr
Baca lebih lajut »
EUR/USD: A fall in towards the year’s low above 1.05 would not be unreasonable – SocGenEconomists at Société Générale analyze EUR/USD outlook. Short-term rate differentials are helping the Dollar EUR/USD has continued to track short-term
Baca lebih lajut »