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The dollar falls across the board after ECB announced increase of bond buying program
The dollar fell across the board after the ECB announced the increase of bond buying for additional Eur 600 billion, bringing the total of the program for supporting the economy after pandemic (PEPP) to Eur 1.135 trillion.
The action of…
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Euro eases from new high awaiting fresh signals from ECB / US jobless claims
The Euro eases from new 11-week high at 1.1257 on Thursday, partially due to overbought conditions and partially as positioning ahead of ECB’s policy announcement. |
The pair holds in steep uptrend which lasts almost three weeks, boosted…
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Key resistances at 1.2642/62 coming in focus
Cable broke above 100DMA (1.2565) on Wednesday and dented 1.2600 barrier, hitting one-month high at 1.2611.
Optimism over EU/UK Brexit negotiations and falling dollar underpin sterling, keeping the pair in green for the fifth consecutive…
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Bulls crack important barriers on Wednesday as strong rally extends into seventh straight day
The Euro hit new high at 1.1227 in early European trading on Wednesday, extending steep advance into seventh consecutive day.
The pair generated bullish signal on Tuesday’s marginal close above Key Fibo barrier at 1.1166 and today’s…
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Bulls remain firm on weak dollar / Brexit negotiations optimism
Cable cracked 100DMA barrier (1.2570) in extension of Monday’s 0.55% rally through 1.2500/16 (round-figure / Fibo 61.8% of 1.3199/1.1409).
Weakening dollar holds in red for the sixth straight day and underpin pound with fresh support…
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