There’s still scope EUR/JPY to rise towards the 118.70/119.85 area, where a reversal to the downside should take place.
Tag - eur
The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.
Euro Area Flash Manufacturing PMI will be released on Friday at 11:00 MT time.
How did Merkel push EUR up? What company will first make a vaccine? How long will oil rise? You’ll find all answers in the article!
The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?
The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.
Oil and gold are rising, the currency market is mixed - watch the new weekly outlook to see what's moving!
The week is ending quiet, but pretty heavy. The gold price stabilizes at a higher plateau.
What is moving the session
Traders await the speech of the Fed's Chair Jerome Powell. The USD is under pressure. Watch the video to get the outlook for the major currencies today!
Let’s look at the factors that move the British pound and what restrictions it can meet on its way.
Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.