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Forex

EUR/USD Tests 200-Hour SMA

<p>On Friday, the EUR/USD currency pair raised to the 100-hour SMA near 1.0820. During today’s morning, the pair raised to the resistance formed by the 200-hour SMA near 1.0850. It is like

Forex

USD/JPY down on the day but keep a close eye on the bond market

<p>The pair will be one of the more interesting ones to watch on the day. 10-year yields in the US rose to its highest since 2007 and despite a slight drop today, it is still sitting above the p

Forex

Germany sees economy contracting by 0.4% this year – draft projections

Citing a source with knowledge of the projections on Friday, Reuters reported that Germany's government sees the economy contracting by 0.4% this year

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