Euro Dollar Outlook: EUR/USD Trades Flat as Volatility Remains Light
EUR/USD has risen to another zone of technical resistance, driving Euro Dollar into another tight range. As volatility remains light, fundamentals could drive the next move.
EUR/USD has risen to another zone of technical resistance, driving Euro Dollar into another tight range. As volatility remains light, fundamentals could drive the next move.
The precious metal has regained the $1840 level but with the US closed and with heavyweight data and event risk looming this week, volatility is likely in the coming days
USD/JPY has stalled following last week’s 300-pip rally. Retracement is looking more likely before further upside.
EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week.
The US Dollar rallied on Wednesday as markets digested rosy US retail sales data after a red-hot CPI print. Is the Greenback readying to reverse more of its winter 2022 drop?
The Japanese Yen has lost ground against the US Dollar as the threat of a re-acceleration of Fed rate hikes lifted Treasury yields and ahead of the nominee for BoJ Governor address.