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Despite the short-term weakness, the broader trend remains constructive.
Quite frankly, it’s difficult to imagine how much longer the euro can rally against the US dollar, and I think we may be seeing the beginning of a significant pullback. However, that does not ...
the beleaguered euro (EUR) has suffered an 8.80% decline compared to the dollar (USD) so far this year. By September, the euro plummeted below parity to 0.9685, levels unseen since June 2002.
The Euro is currently leading gains across the currency board following the weaker-than-expected US CPI release. Click to ...
In Tuesday’s trading session, the euro experienced a pullback, raising questions about the potential strength of the US dollar and whether this is a temporary retracement. Market participants ...
The Euro to US Dollar (EUR/USD) exchange rate initially struck a two-month low on Tuesday, before rebounding amid renewed market optimism. At time of writing the GBP/USD exchange rate traded at ...
EUR/USD holds above 1.1150 after closing in positive territory on Thursday. The near-term technical outlook suggests that the bullish potential remains intact. In the absence of high-tier data ...
The euro initially tried to rally during the trading ... the market and try to take advantage of “cheap euros.” The US dollar is on his back foot against most currencies, so this should ...