Euro retreats from tops near 1.0880, as Dollar rebounds ahead of data

BY admin admin

The Euro (EUR) loses some upside momentum against the US Dollar (USD), motivating EUR/USD to give away part of the recent strong gains and revisit the 1.0870 zone on Wednesday.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

US Dollar trades sideways after Friday’s rollercoaster ride

The US Dollar (USD) trades broadly steady on Monday after suffering a wild ride on Friday, likely hurting intraday and short-term traders. The US Dollar Index (DXY) jumped significantly higher after a

Forex

The Deposit Dilemma: Challenges and Opportunities for Banks

<p><a href="https://www.forbes.com/sites/emilymason/2023/05/15/the-great-yield-chase-why-a-trillion-has-fled-traditional-bank-accounts/">The battle for deposits is intensifying&l

Forex

USDCAD Technical Analysis – Waiting for the CPI

<p>Over the past week, many central bank speakers have shared their perspectives. The prevailing consensus remains unchanged: a wait-and-see approach is favoured to gauge the necessity of furthe

Copyright © 2024 | WordPress Theme: Xews Lite