Rallies in the EURUSD are still more likely than not to get faded, as the FederalReserve is going to take front and center Wednesday and is expected to punish the markets. Find out more:
rallied rather significantly last week to break above the previous hammer, so it does suggest that we may have a little bit of recovery ahead of us. Nonetheless, most of the move is probably due to the ECB having a surprise 50 basis point rate hike. That being said,is going to take front and center Wednesday and is expected to punish the markets.
That being said, I think it’s probably only a matter of time before the sellers come in again. The parity level will be targeted.rallied last week to reach above the 1.20 level, showing signs of recovery. That being said though, the market is more likely than not going to be very noisy, to say the least, so I think it’s only a matter of time before we start selling again. I don’t know that it will happen right away, as we may see a little bit of follow-through on the dollar weakness.
the US dollar is overbought, so it does make a lot of sense that we could see a pullback and its value., as we are pulling back from a major overbought area. The ¥136 level is an area that could offer a little bit of support, but after that, we could drop to the ¥135 level quite quickly. Regardless,The Bank of Japan will continue to keep a hand in the bond markets, and I think it will continue to shrink the value of the yen.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Around the Table with 'Virgin River' | Around the Table | Entertainment WeeklyAlexandra Breckenridge, Annette O'Tool, Benjamin Hollingsworth, Brie Sheridan, Colin Lawrence, Martin Henderson and Tim Matheson break down what you can expe...
Lire la suite »
Entertainment WeeklyEntertainment Weekly keeps you plugged in to pop culture. From the best and worst movies to the biggest new music triumphs and flops, we’re your one-stop source for the latest in Hollywood. We know your time is precious; we'll tell you how to spend it wisely. Funny, smart, first, and always right — okay, almost always right. That’s EW. \n\nSubscribe to EW ►► http://bit.ly/EWSubscribe\n\nA Daryl and Carol ‘Walking Dead’ spinoff is coming? Carole Baskin joins ‘Dancing with the Stars’? Keep tabs on the buzziest Hollywood news all in one place: https://www.youtube.com/playlist?list=PLJrTdKdDFMcOD2Izg66tCC0cnPbhcSxJq\n\nBe the first to see our newest cover story and exclusive features. From the latest ‘Star Wars’ adventure to epic reunions for beloved shows like ‘The West Wing’: https://www.youtube.com/playlist?list=PLJrTdKdDFMcNZVXrlhmmdA2lZhT6OS1TY\n
Lire la suite »
Ethereum Classic Soars 55% Weekly, Bitcoin Stalls at $23K (Weekend Watch)Ethereum Classic is among the few altcoins in the green on a daily scale, while bitcoin stands still just under $23,000.
Lire la suite »
Bitcoin Heads for Best Weekly Performance Since MarchBitcoin is heading toward a 12% weekly gain, its best weekly performance since March. Citi says in a report this week that crypto contagion fears likely have peaked in the interim. Watch Chart of the Day, presented by cryptocom:
Lire la suite »
U.S. stocks close lower after 3 day winning streak, but still notch biggest weekly advance in a monthStocks finished lower on Friday, snapping a three-day rally following disappointing economic data and a weak earnings report from Snap Inc. --- while reports...
Lire la suite »