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Latest forex news on eur usd
currency of the European Union online bitcoins miners region fluctuated in a narrow upward range during the Asian session to see its rebound to its second-lowest session since March 8 against the US dollar on the brink of developments and economic data expected. The Euro is the 2nd most popular reserve currency in the world, behind only the US Dollar; and it is also the 2nd most commonly traded currency in the world. EUR uSD 4-hour chart, eUR uSD is trading below its main SMAs suggesting a bearish bias in the medium-term. Next week, the fomc minutes from the latest meeting will be released. At 04:58 GMT, the eurusd rose.13.1234, compared to the opening.1220, after reaching a high.1242 and a low.1214. The DXY rose.46, the highest level since Tuesday and it heads for the second-highest close of the year. The markets are also looking for the final PMI reading from Markit for the US last month, which may reflect the stability of the widening.5. To see the reading of Italy's Unemployment Rate, which may reflect stability.5 in February, before we see the whole region reading the same indicator, which may also show a stability.8, coinciding with the disclosure of the annual reading of the CPI. The material has been provided by InstaForex Company -. US President Trump cheered the, nFP and mentioned that the Federal Reserve should cut rates and stop quantitative tightening.
Latest forex news on eur usd
Resistance is.1220 and.1250 level. We expect relatively little out of next week's ECB meeting after tltros were announced last month. EUR uSD daily chart, eUR uSD is trading in a bear trend below its 200-day simple moving average (SMA). Bears will be looking.1200 figure and.1180 to the downside. The signal line of the daily marlin oscillator is already quite firmly established in the territory of a declining trend. In the Eurozone, the ECB will meet. Recently printed a fresh daily low.1209 and as of writing, trades.1215/20, around the same level it closed last week. 53.0 in February, before the ISI Manufacturing Index, which may show a widespread.3 Compared.2 in February, in conjunction with the January Wholesale Inventories reading. EUR became the most circulated currency in the world. Click here, to view the news, graphs Charts. EUR uSD 30-minute chart, eUR uSD is trading below its main SMAs suggesting a bearish bias in the short-term.