EUR/USD stays under pressure and trades below 1.0500 in the American session on Wednesday. The US Dollar stays resilient against its rivals after the data showed that the annual CPI inflation edged higher to 2.7% in November, not allowing the pair...
Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
The currency pair is retracing its recent gains, trading around 0.8850 during the European session on Wednesday. After a strong performance in previous sessions, the US Dollar (USD) faces downward pressure due to subdued Treasury yields, following a...
The Australian dollar reached key support at 0.6350 The Australian dollar recently dropped to the 0.6350 level, an important area that has served as a crucial support point many times. This level is now under scrutiny as its ability to hold will...
The currency pair has managed to halt its two-day losing streak, but it remains under pressure, trading near the crucial 0.5755 support level during the early European session on Wednesday. A deeper analysis of the four-hour chart reveals that the...
