EUR/USD Fundamental Analysis The EUR/USD pair is moving in the range of 1.0761 and 1.0724. US Vice President Joe Biden made some hawkish statements during his State of the Union (SOTU) speech, and now traders have to decide how to respond to them. Apart from the declining US Treasury bond rates, the Federal Reserve (Fed) …
EUR/USD – Will it Retreat after Breaking Out of the Consolidation? Read More »
EUR/USD Daily Fundamental Analysis The currency pair EUR/USD extended its loss at the starting day of the week. From its previous trading session, it has declined about -0.10% today. The rising Sino-US geopolitical tensions weighed heavily on riskier currencies like EUR, despite stronger than anticipated German Factory Orders.The December Factory Orders from Germany rose by …
EUR/USD – Any break below 1.06567 could trigger Selling Pressure Read More »
USD/CAD Fundamental Analysis During early trading hours on Tuesday, USD/CAD forex pair extended its gains and reached near its one-week high level at 1.3500. The currency pair experienced high demand during Asian and European Trading sessions ahead of the Canadian GDP release.In November, the Canadian GDP grew by 0.1%, as stated by Statistics Canada. The …
USD/CAD lost daily gains after flat Canadian GDP Read More »
GOLD moving past the $1915 level amid the dropping US Treasury Yields XAU/USD price is trying to recover its previous day’s losses on Thursday after moving past the resistance of $1908.00 in the European Trading Session. Since its session started, the precious metal has moved as high as 1916.00. Still, the outlook of yellow metal …
Be sure you put your feet in the right place, then stand firm.
Abraham Lincoln
