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The EUR to USD exchange rate has been on a rollercoaster ride for the past two months, but the tides have finally turned in favor of buyers in the last two weeks. The uptrend may not be a clear victory yet, but buyers have been flexing their muscles and pushing the lows to new heights. … Read more
The battle of the currencies was in full force this week as the EUR took a hit, dropping over 2 cents against the USD. The FED and ECB’s interest rate plans have caused a rift, with predictions of more rate cuts from the ECB than the FED by 2024. The EUR/USD duo started the week … Read more
Amidst the tumultuous world stage, the EUR/USD currency pair has taken a sharp turn towards the bear side, with the euro struggling against the mighty US dollar. The past few days have witnessed a storm of events, from escalating tensions in the Middle East to a rollercoaster of market fluctuations, all playing a role in … Read more
Last week, the GBP/USD ended on a high note at $1.2617, with a modest 0.14% gain. But hold on tight, because the upcoming week is brimming with exciting events that could shake up this currency duo. Technical Indicators Economic Events Impact Exclusive: Alex Thorn Says Spot Ethereum ETF Approval In May Unlikely Crypto market slumps … Read more
March has been a tumultuous month for the EUR/USD exchange rate, with sellers dominating the market and causing a steady decline. But the tides may be turning as the 50 daily SMA emerges as a formidable support for the struggling EUR. EUR/USD Chart Weekly – The 50 SMA Is Still Holding Over the past decade, … Read more
The EUR/GBP landscape paints a gloomy picture as the bearish trend persists, with each high falling lower than the last. Despite this, a resilient support zone has emerged at 0.85 since July of last year. Just last week, we witnessed a slight rebound from this zone, but the bullish energy was lackluster, hinting at potential … Read more