Tag: Dollar

Daily Technical Analysis EUR/USD: Looks Up From Lows Amid CPI Data

The EUR/USD managed an intraday rally on Tuesday, climbing more than 0.8% on the day, as optimism emerged among euro buyers regarding a potential...

Dollar Falls on PPI Expectations, Pound Under Pressure

The U.S. dollar declined on Tuesday, weighed by uncertainty over President-elect Donald Trump's monetary policy stance. However, it remained near two-year highs ahead of...

Dollar Firms Ahead of CPI Release, Pound Struggles to Regain Ground

The U.S. dollar strengthened on Monday, remaining at elevated levels following robust U.S. payroll data, while the British pound faced continued pressure, extending recent...

Daily Technical Analysis EUR/USD: Falls Below 1.0250 Amid Fed’s Potential Pause in Rate Adjustments

The EUR/USD continues its downtrend for the fifth consecutive session, trading around 1.0240. The pair appears to face persistent pressure as the U.S. dollar...

Dollar Higher on Rising Treasury Yields, Euro Lower on Weak Data

The U.S. dollar strengthened on Wednesday, supported by rising Treasury yields after positive U.S. economic data, while weak industrial orders in Germany weighed on...

Daily Technical Analysis EUR/USD: Pair Declines Again, Remains Distant From Key Technical Levels

The EUR/USD pair dropped on Tuesday, losing nearly four-tenths of a percentage point after a failed recovery attempt to breach the 1.0400 level. The...

Dollar in Decline, Euro Eyes Inflation Data

The U.S. dollar declined on Tuesday, hitting a one-week low after reports suggested President-elect Donald Trump’s tariff policies could be more lenient than initially...

Dollar Declines on Jobs Data; Euro Gains on Services PMI

The U.S. dollar retreated on Monday, shedding some of its recent gains but remaining near its highest level in two years as traders awaited...

Daily Technical Analysis EUR/USD: Hovering Around 1.0300 Ahead of Preliminary German Inflation Data

The EUR/USD pair is retreating from last session's gains and trading around the 1.0300 mark in Monday's session. Traders are closely monitoring the Eurozone...

Dollar Rebounds After Heavy Loss, Euro Retreats on Lagarde’s Comments

The U.S. dollar rose on Monday, recovering from significant losses at the end of last week due to signs of cooling inflationary pressures. Meanwhile,...

Daily Technical Analysis EUR/USD: Rises to Near 1.0450 on Increased Prospects That the Fed Will Leave Rates Steady in January

The EUR/USD pair is trading near 1.0430 on Monday, holding flat after Friday's gains. The pair's rise is attributed to a weakening U.S. dollar...

Daily Technical Analysis EUR/USD: Pair Plunges and Falls Behind 1.05

The euro's upward momentum dissipated on Tuesday, pushing the EUR/USD pair below the 1.0500 level as traders prepared for the final Federal Reserve meeting...

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