EUR/USD: Antagonistic Forces Belt the Spot - News Bulletin 247

EUR/USD: antagonistic forces belt the spot - News Bulletin 247

(BFM Stock Exchange) – This article, with free access, is produced by the research team in BFM Stock Exchange analysis and market strategy. To not miss any opportunity, consult all of the analyzes and discover our portfolios by accessing our privilege space. On the pair of Euro / dollar currencies, the system is in the immediate balance, but the forces involved are important. On the one hand, a pressure is exercised on the single currency, one o…

Dollar grows as Middle East conflict deepens

The dollar gained significant traction on the euro and pound on Tuesday, climbing 0.48% on the former and nearly double that on the latter. However, with the war between Iran and Israel growing and oil prices climbing, the dollar’s gains are likely more to do with its role as a safe haven currency than a sign of economic strength in the US. This morning brought news that UK inflation fell to 3.4% in May, in line with forecasts. Though the price …