$EURUSD Forex Signal: Bearish Forecast as Sell-Off Intensifies
The pair dropped to a low of 1.0705, the lowest level since March 21st. This means that the euro has erased over 3.3% from its highest level this year.The biggest catalyst for the EUR/USD pair was the debt ceiling deal between Democrats and Republicans during the weekend. In separate statements, President Joe Biden and Speaker McCarthy said that they were hopeful that Congress will pass the new deal.
The forex market will see thin volumes on Monday since the US and UK markets will be closed for holidays.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
EUR/USD: Weekly Forecast 28th May - 3rd JuneTraders who have jumped onto the selling bandwagon of the EURUSD have likely enjoyed the past handful of days- Forex Forecast
Leer más »
EUR/USD retreats towards 1.0700 despite initial US debt ceiling deal, US NFP, Eurozone inflation eyedEUR/USD retreats towards 1.0700 despite initial US debt ceiling deal, US NFP, Eurozone inflation eyed – by anilpanchal7 EURUSD ECB Fed Inflation NFP
Leer más »
EUR/USD Price Analysis: Volatile action looks likely as US debt-ceiling raise proposal approvedThe EUR/USD pair is showing a back-and-forth action above the round-level support of 1.0700 in the Asian session. The major currency pair is expected
Leer más »
EUR/USD pares losses to 1.0730 on optimism for US debt deal amid quiet marketsEUR/USD picks up bids to print the first daily gain in five around 1.0730 amid early Monday morning in Europe. In doing so, the Euro pair consolidates
Leer más »
EUR/USD: A break below 1.0650 appears unlikely – UOBUOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest a drop to 1.0650 and below seems not favoured in EUR/USD for the time
Leer más »
EUR/USD trades without direction near 1.0720A pretty quiet start of the new trading week sees EUR/USD wobbling around the 1.0720/30 region so far. EUR/USD looks at risk trends, US data After bot
Leer más »