EUR/USD declined to 1.1368 on Tuesday and remains near two-month lows. The US currency is being supported by expectations of further Federal Reserve policy tightening amid inflationary risks linked to expensive energy and uncertainty surrounding US-Iran relations. Oil continued to rise following reports that Iranian authorities doubt the possibility of reaching an agreement before the […]
The post EUR/USD Continues to Decline: Too Many Risks appeared first on ActionForex.
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Markets Everything sold off yesterday on a single catalyst: energy. Brent oil hit an intraday high of almost $109 per barrel. Prices eased eventually into the close to around $105 on reports that Saudi Arabia Read more…
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