The British pound took a tumble recently, dropping decisively below the key level of 1.2700. This decline reflects a broader risk-off sentiment sweeping across the G7 currencies, with the exception of the ever-reliable US dollar, which is acting as...
EUR/USD ANALYSIS. The EUR/USD currency pair has moved higher after breaking out of its morning range of 1.0686-1.07075. The possibility of an update to the local maximum of 1.06847 is indicated by this upward movement. The pair will most likely...
Analysis and general direction of movement of the Euro/US Dollar currency pair. Period of analysis – time-frame 4 hours. We will monitor the current market situation for the instrument, for which we will study in detail the indicators of the...
The Euro continues its downward spiral against the British Pound, reaching a new 22-month low of 0.8400 on Friday. This latest drop extends a three-month decline that began in April, when the pair traded above 0.8600. Political uncertainty in Europe...
The Eurozone is facing a perfect storm that has pushed the EUR/USD currency pair to a six-week low. Political upheaval in France is a major culprit. After a surprising surge in support for right-wing parties during the European Parliament elections,...