EUR/USD originally rose during the session on Friday as the Non-Farm Payroll numbers came out stronger than expected. However, with the ratings agencies cutting the ratings of Spain and Italy, the markets sold off later in the...
The pair remains under intense pressure over the long term but seems to have found a good support on top of 0,94 resulting in a bullish weekly candle.
The pair continues to be well bid above parity despite the recent choppy price actions.
The pair continues to trade higher and confirms its bullish outlook with a main target at parity.
The pair continues to trade flat above the key 76,00 level.
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.
The pair has found some support on top of the 1,3150 level in the beginning of the week, testing the 1,35 handle on friday.
Market participants were expecting the results of the press-conference with the ECB President.
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
The euro was indeed seen gaining a foothold against the USD following the European Central Bank’s (ECB) latest announcement regarding interest rates, known as the Minimum Bid Rate.
