US EditionEUR/USD Exchange Rate Plummets Below 1.1650 As Middle East Turmoil Sparks Fierce US Dollar Rally
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8 Articles
US Dollar Index (DXY): Technical Picture as Inflation and Geopolitical Uncertainty Loom - ActionForex
The US dollar and oil prices experienced intense volatility due to Middle East tensions, initially spiking after strikes on Iran but cooling after optimistic remarks from President Trump. The upcoming US CPI print, which is expected to show headline inflation holding steady at 2.4% may be overshadowed. US Dollar bulls eye acceptance above the 99.57 […] The post US Dollar Index (DXY): Technical Picture as Inflation and Geopolitical Uncertainty Lo…
EUR/USD Chart Analysis: Pair Rebounds from the Year’s Low
Analysing the EUR/USD chart five days ago, we:→ constructed a downward channel, noting signs that the bears remained in control;→ outlined a scenario in which the rate would decline to a new yearly low (and test the lower boundary of the channel).Yesterday’s price action confirmed these assumptions – the low at H is below the low of 3 February (F), refining the lower boundary of the channel. At the same time, the sharp upward reversal (shown by …
The dollar started the new week strongly, as the rise in oil prices amid the escalating war in the Middle East once again pushed investors to the safety of the American currency… New boost for the dollar - NAVAL TRADE
Bearish pressure persists as Middle East crisis worsens
EUR/USD started the week with a bearish gap and declined toward 1.1500 before recovering slightly. At the time of press, the pair was trading at 1.1525, losing about 0.8% on a daily basis. Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Canadian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.65% 0.59% 0.48% -0.07% 0.44% 0.23% 0.45% EUR -0.65% -0…
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