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EURUSD - EUR/USD Forecast: Euro tests key support after weak PMI data
Assessing PMI surveys' findings, "the HCOB PMI do not provide ammunition for another rate cut in July by the ECB," said Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank. "This is ...
EUR/USD, GBP/USD, DXY Forecast: DXY at $105.800, PMI Figures in Focus
German Flash Manufacturing PMI fell to 43.4, missing expectations and impacting the EUR/USD outlook. Dollar Index is trading at $105.800, up 0.13%, suggesting a bullish trend above $105.538. The ...
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Treasury Yields Rebound
EUR/USD pulls back as traders react to the Euro Area Consumer Confidence report. The report indicated that Consumer Confidence improved from -14.3 in May to -14 in June, compared to analyst consensus ...
EUR/USD Forecast: Sellers taking over, break through 1.0700 at sight
After failing to extend gains beyond the 1.0750 region, the EUR/USD pair eased on Thursday, falling to an intraday low of 1.0712 posted during European trading hours. Nevertheless, financial markets ...
EUR/USD, GBP/USD, DXY Forecast: DXY Nears $105.30; Is a Rally on the Horizon?
The Dollar Index (DXY) is currently trading at $105.290, up 0.03%. The pivot point at $105.216 is crucial for determining the next price movement. Immediate resistance is noted at $105.449, followed ...