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Tag: Dollar

Dollar Depreciates on Trump Nominations, Euro Recovers

Markets
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

Daily Technical
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

Currencies
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

Daily Technical
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

Currencies
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...

Dollar Slips From Recent Highs, Fed Speeches Planned

Currencies
The U.S. dollar retreated slightly from its recent one-year highs at the start of a week with limited notable economic data but featuring remarks...

Daily Technical Analysis : EUR/USD Hovers Near 1.0550, Close to Annual Lows Amid Fed Caution

Daily Technical
The EUR/USD traded around 1.0550 during the Asian session on Monday, remaining near its yearly low of 1.0496, recorded on November 14. Downside risks...

Dollar Slightly Down on U.S. Inflation Expectations

Currencies
The U.S. dollar softened slightly on Wednesday, pulling back from six-month highs as markets awaited critical U.S. inflation data. This report is expected to...

Daily Technical Analysis EUR/USD: Rises Above 1.06 but Remains Near Yearly Lows

Daily Technical
The EUR/USD pair resumed its downward trajectory on Tuesday, shedding another third of a percentage point. It briefly tested levels slightly below 1.0600 during...

Dollar Extends Gains Amid Trump Administration Optimism and Fed Speculation

Markets
The U.S. dollar surged to a four-month high on Tuesday as markets adjusted to the anticipated economic changes under the incoming Trump administration. Traders...

Dollar Remains Strong Ahead of CPI and Fed; Euro Bearish

Markets
The U.S. dollar strengthened on Monday, maintaining the momentum generated by Donald Trump's return to the presidency. Investors are eyeing key inflation data due...

Daily Technical Analysis: EUR/USD Stays Tepid Near 1.0700 Amid Rising Dollar and Political Uncertainty

Daily Technical
The EUR/USD pair remains under significant pressure, primarily driven by the strengthening U.S. dollar and escalating political uncertainty in Germany. The prospect of Donald...
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