The euro has fallen close to the 1.04 level, which has held since January 2017. In the European session, EUR/USD is trading at 1.0429, down 0.81% on the day. ECB hints at a rate hike in Q3 After years of monetary easing which was fueled by low inflation levels, the ECB is slowly but surely […]
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Car ownership is seen as less of a privilege and more of a necessity in America. Thanks to decades of building cities to accommodate private vehicles, the only efficient way to travel in most places in this Read more…
Last week was dominated by developments out of the US and UK, not just because of monetary policy decisions, but also the unexpected announcement of a US-UK trade deal. Fed’s hold and BoE’s cut were Read more…
EUR/USD’s corrective fall from 1.1573 short term top resumed last week. Initial bias stays mildly on the downside this week for 55 D EMA (now at 1.1053). But downside should be contained by 38.2% retracement Read more…