The euro-to-US dollar exchange rate hovered around 1.0550 during the Asian trading session on Monday, with the annual level reaching 1.0496 on November 14th. This trend suggests a potential downward trajectory for the euro. Recent economic...
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USD/JPY Greetings and Good Morning to everyone! On Friday, we saw a market of USD/JPY at 154.30 zone. Therefore, the buyers were stable and it was time to come back. So, I expect that the sellers will push the market of USD/JPY below the 154.00 zone...
EUR/USD consolidates above 1.0500 as investors look for fresh cues for Fed-ECB likely interest rate action in December. Fed’s Powell emphasized that there is no need to rush for rate cuts. Fears of a US-Eurozone trade war have escalated among...