Tag: Dollar

Fundamental analysis, a cornerstone of trading strategies, extends beyond its traditional association with stock markets. It’s a powerful tool for navigating currency trading, CFD trading, and even short-term strategies. By analyzing financial and economic indicators, traders...
Microsoft is not ready to incorporate Bitcoin into its corporate treasury, as shareholders voted against a proposal influenced by Michael Saylor’s recommendations and the success of his company, MicroStrategy. The tech giant, best known for its Windows...

Dollar Rises on CPI Expectations, Euro Awaits ECB Meeting

he U.S. dollar edged higher on Tuesday, trading within tight ranges ahead of the highly anticipated November consumer inflation report, while the euro weakened...

Dollar Dips Before CPI, Euro Pending ECB Meeting

The U.S. dollar eased slightly on Monday following last week's jobs report, which signaled another Federal Reserve rate cut at the end of this...

Daily Technical Analysis EUR/USD : Expectations Focus on the European Central Bank’s Resolution and the US CPI

The EUR/USD starts the week with attention on the European Central Bank's (ECB) latest policy decision scheduled for December 12, where markets anticipate a...

Dollar Rallies, Euro Falls Ahead of France’s No-Confidence Vote

The U.S. dollar rose on Wednesday, while the euro retreated ahead of a no-confidence vote in France later in the day, which could topple...

Euro Normalizes Amid French Instability Concerns

The euro rose on Tuesday, recovering some ground after political turmoil in France prompted traders to hedge against further price volatility. Meanwhile, the Chinese...

Trump Threatens to Impose 100% Tariffs if BRICS Challenge the Dollar

Incoming President Donald Trump on Saturday issued a direct threat to impose 100% tariffs on a bloc of nine nations if they attempt to...

Daily Technical Analysis EUR/USD: EUR/USD Plunges Below 1.0550 Amid Lagarde’s Statement and U.S. PMI Data

EUR/USD is under selling pressure around 1.0530 during early trading hours, driven by a strengthening U.S. dollar. Investors are keenly anticipating European Central Bank...

Dollar Depreciates on Trump Nominations, Euro Recovers

The U.S. dollar retreated on Monday, giving up some of its recent gains, as the nomination of Donald Trump’s choice for U.S. Treasury Secretary...

Daily Technical Analysis EUR/USD: EUR/USD Looks for Resistance Around 1.0500 After Bouncing Off Two-Year Lows

The EUR/USD is recovering after hitting a two-year low of 1.0332 on Friday and is currently trading near 1.0480 at the time of writing....

Dollar Rises on Safe-Haven Bid, Pound Gains on CPI Data

The U.S. dollar rose on Wednesday, supported by its safe-haven status after the closure of the U.S. embassy in Kyiv, Ukraine, while the British...

Daily Technical Analysis EUR/USD: The Pair Is Expected to Break Above the 1.06 Level

During Tuesday's trading, the EUR/USD pair fluctuated between 1.0550 and 1.0600, initially attempting to move lower but recovering slightly to close down about 0.14%...

Dollar Continues to Rise, Trump’s Political Appointees Take Center Stage

The U.S. dollar rose on Tuesday after retreating from one-year highs reached last week. Traders sought political direction as attention shifted toward President-elect Donald...

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