Here are some recent forex news highlights from the past week, along with brief descriptions of their impact on the related currencies: Japan's Government 'Alarmed' by Recent Forex Moves (Publishedecember 20, 2024, Reuters) Summary: Japanese...
British economy remains under pressure The British economy is having a tough time again! Analysts report that the UK’s GDP has shrunk for the second month in a row. It is the first time in four years. Read more: ______ Risk Warning: CFDs are...
EUR/USD Technical Analysis: From what I’m seeing, EUR/USD is still stuck in a bearish trend, trading close to multi-week lows. Right now, resistance looks solid around 1.0475, and support is holding near 1.0330. The 200-period moving average on the...
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Hello. Surprisingly, sellers were unable to update the current minimum at 1.03323 for the Euro, although there were only about 10 points left to it. On Friday, buyers actively went up, and today they continue to increase their positions. Now, to...