It’s not surprising that investors prefer the USD to the EUR and sell EUR/USD. Different approaches of the European Central Bank and the Federal Reserve stresses the situation.
Daily Market Analysis
JPY keeps losing grounds against the USD. What factors stand behind that?
NZD/USD has once again found support in the 0.6830 area. The price action on the H1 chart strongly resembles an inverted “Head and Shoulders” pattern.
Have a look at this rising curve. You think it's Tesla? No; palladium.
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
The Turkish Central Bank is on a rate-cutting path; on February 19 it will make another announcement. What's the logic behind?
WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.
The Bank of Mexico recently reduced the interest rate. The MXN gained against the USD. Isn't it strange?
Against the British pound, the euro is definitely not doing well this Friday. What's going on?
EUR/NZD formed a “hanging man” pattern on the W1 and went down to trade below the 100- and 50-week MAs.
EUR is having hard times. Against the USD, it drops to the levels of spring-2017. Reasons?
USD/BRL has been rising and is likely to do so in the observable future. What are the reasons for it and the technical levels to look at?