EUR/USD Market Outlook Good Morning to everyone! The overall market sentiment of EUR/USD is in favor of sellers. However, the US dollar faced some negative news, and this negative data has provided little support for US traders, who rely heavily on...
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UK Inflation Rises to 8-Month High, Pound Remains Unaffected In November, UK inflation surged to 2.6%, marking its highest level since March. This increase is attributed to rising costs in petrol and food, as well as an increase in tobacco duty....
The chart demonstrates a strong bullish trend over the observed period. The price has moved steadily upward, breaking through multiple resistance levels. The consistent higher highs and higher lows indicate strong buying momentum. The last recorded...