EUR/USDowell arranges sell-off. EUR plunges to 2-year low. Parity on horizon? The EUR/USD pair plunged to 1.0351 with a single-session fall of 1.32%. The instrument recorded its lowest close in two years. This slump was triggered by unexpectedly...
EUR/JPY Fundamental Analysis: Today, the EUR/JPY pair is reacting to mixed economic signals from both the Eurozone and Japan. The Eurozone’s CPI data came in at 3.2%, which was expected, but it still highlights ongoing inflation concerns. After the...
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The spot price has been caught in a persistent downtrend against the Dollar, with the pair consistently forming lower highs and lower lows. Wednesday’s sharp decline reinforced this bearish sentiment, highlighting the path of least resistance...
The US dollar rose sharply against the Japanese yen following the conclusion of monetary policy decisions by the Federal Reserve and the Bank of Japan. As the pair is now trading firmly above the 156.50 level, it has broken a significant resistance...
