EURCHF has been trading in a consolidative manner lately, staying slightly above the 0.9820 zone, which is near the 50- and 100-day exponential moving averages (EMA). That said, it also remains below the 0.9950 hurdle, which provided resistance between October27 and November 9, and also lies slightly below the 200-day EMA. Despite the pair staging a […]
The post Will EURCHF Emerge Above Parity Soon? appeared first on Action Forex.
Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Two-in-one laptops and tablets are versatile Read more…