Tuesday, July 16, 2024
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Dollar bounces after another slide

On the data front, the US economy accelerated at a 5.2% annualized pace in the third quarter The US dollar bounce slightly on Wednesday after finding...

Euro clings to the upper end of extended range

EURUSD holds above the key SMAs, trying to confirm the recent break above the 1.0900 figure The euro came off local lows to turn positive on Thursday...

Dollar at the crossroads ahead of inflation report

Weaker-than-expected figures would hurt the currency further and could trigger a deeper retreat The US dollar struggles for direction on Tuesday after the recent slide from...

Dollar trims losses, volatility persists

Despite the recent sell-off, the downside potential looks limited at this stage The dollar tries to bounce after the recent plunge amid a retreat in US...

Euro lacks demand to stage recovery

The EURUSD pair is to overcome the descending 20-DMA at this stage in order to see a more pronounced bounce The euro is back under pressure...

Dollar rally pauses, but bulls remain in the game

The buying pressure surrounding the USD eased as Treasury yields retreated The US dollar pulled back from an 11-month high as risk sentiment has improved across...

Dollar steady ahead of Fed meeting

The central bank’s decision will set the tone for the greenback later in the week The US dollar looks steady on Tuesday after a modest three-day slide....

The yen needs BoJ intervention

The Japanese currency struggles to attract safe-haven demand as traders prefer to buy US dollars instead The Japanese yen has been on weak footing these days,...

Dollar capped by upbeat risk sentiment

Fresh economic data out of the US that could provide more clues about the Fed’s next steps The US dollar keeps trending lower these days, as Treasury...

Euro looks indecisive despite a weaker dollar

EURUSD extended the recent advance towards the 1.0930 zone where the 100-DMA capped gains The euro has been rising for the second session in a row...