Archive for Tag: forex market news

EURUSD

Euro slips below $1.06 for first time since 2017

EURUSD is trading below 0.46% at 1.0588 The euro fell below $1.06 for the first time in five years against a broadly strong U.S. dollar on Wednesday amid rising concerns around energy safety and growth slowdown in China and Europe. The euro slipped to a five-year low of $1.05860...

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forex technical analysis

EURNZD PRICE CHART, FORECAST AND ANALYSIS

EURNZD Technical Analysis: Weekly Chart In the weekly charts, EURNZD is trading in a down channel. It is trading below all SMA. The immediate support is 1.5906 & the resistance level is at 1.6319. EURNZD is trading in the down channel until there is trend reversal. EURNZD Technical Analysis:...

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forex technical analysis

EURNZD PRICE TECHNICAL ANALYSIS, NEWS AND FORECAST

EURNZD Technical Analysis: Weekly Chart In the weekly charts, EURNZD is trading in a down channel. It is trading below all SMA. The immediate support is 1.5734 & the resistance level is at 1.5988. EURNZD is trading in the down channel until there is trend reversal. EURNZD Technical Analysis:...

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canadian dollar

Canadian dollar hits 2-month low as Russia attacks Ukraine

USD/CAD is trading up 0.04% at 1.2817 The Canadian dollar weakened to its lowest level since December against its U.S. counterpart on Thursday as Russia’s invasion of Ukraine triggered a flight to safety in global financial markets. Stock markets globally slumped and the safe-haven U.S. dollar rallied after the...

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CAD/JPY trading

Japan’s yen back in favour as a funding currency, but with more risks

CAD/JPY is trading up 0.39% at 91.214 As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world’s most popular funding currency. The trade comes with risks though, given the yen could revert to being a...

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