Dollar is being the standout performer this week, bolstered significantly by surging US treasury yields. Dollar index, which gauges the greenback against a basket of six major currencies, reached a high not seen since the previous November, breaking 106 mark. Contributing to the bullish momentum, EUR/USD has plunged through a pivotal support level at 1.06, […]
The post Surging Treasury Yields Propel Dollar to 10-month High, EUR/USD Breaks Key Support appeared first on Action Forex.
UnitedHealth Group (UNH) , the largest health insurance provider in the U.S., ended 2024 on a devastating note. The company, which owns UnitedHealthcare and Optum, has been embroiled in massive controversy after UnitedHealthcare CEO Brian Read more…
EUR/USD edged lower to 1.0176 last week but recovered after breaching 1.0199 fibonacci level briefly. Initial bias stays neutral this week first and more consolidations could be seen. But outlook will remain bearish as long Read more…
USD/JPY’s extended fall last week confirmed short term topping at 158.86. But as a temporary low was formed at 154.97, initial bias is neutral this week first. Risk will stay on the downside as long Read more…