EURUSD meets some resistance ahead of 1.0100 – by pabspiovano EURUSD Currencies Majors
Markets’ attention remains on the results from the US midterm elections.Sellers appear to remain clustered around the 1.0100 region and promptEURUSD: Upside limited around 1.0100
The recent change of heart around the greenback – particularly triggered following October’s Payrolls – has been sustaining the sharp upside bias in the pair and the rest of the risk-associated universe. The move in the money markets, however, has been fairly noticed, with yields on both sides of the ocean treading water in the upper end of the recent range.
In the meantime, price action around the European currency is expected to closely follow dollar dynamics, geopolitical concerns and the Fed-ECB divergence. The recent decision by the Fed to hikeand the likelihood of a tighter-for-longer stance now emerges as the main headwind for a sustainable recovery in the pair.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Goldman Sachs downgrades three-month EURUSD forecast to 0.9400 from 0.9700Research Analysts at Goldman Sachs (GS) cut down their EURUSD forecasts in the latest report, published late Monday. That said, the investment bank no
Baca lebih lajut »
EURUSD: Modest to resume above 1.0005/10 towards 1.0050 – ScotiabankEURUSD trades narrowly around parity. Economists at Scotiabank expect the pair to see modest gains toward 1.0050 on a move past 1.0005/10. ECB policym
Baca lebih lajut »
EURUSD moves back into longs following sharp breakoutEURUSD rallied in a broad risk-on setting, taking out the Monday highs for a fresh high for the week, eating into shorts from the prior. At the time o
Baca lebih lajut »
EURUSD Price Analysis: Bulls take a breather on the way to 1.0150EURUSD Price Analysis: Bulls take a breather on the way to 1.0150 – by anilpanchal7 EURUSD Technical Analysis ChartPatterns TrendFollowing SupportResistance
Baca lebih lajut »
EURUSD: Scope for a recovery to 1.0350/90 – Credit SuisseEURUSD has extended its recovery and with weekly MACD momentum having already also turned higher, economists at Credit Suisse see scope for a deeper r
Baca lebih lajut »
4 Tips for Home Sellers in Today’s Shifting Market - WashingtonianYou likely already know this, but we’ll tell you again: Things are expensive right now. So—with rates spiking, are DC-area agents seeing a flip to a buyer’s market?
Baca lebih lajut »