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EUR/USD sinks below 1.16 as Fed’s hawkish cut and ECB hold weigh on Euro
EUR/USD retreats on Thursday as the European Central Bank (ECB) decided to hold rates unchanged, but traders, still digesting the 'hawkish' cut by the Federal Reserve (Fed) on Wednesday, kept the shared currency below the 1.1600 figure. The pair trades at 1.1565, down 0.30%.Fxstreet
Thu, Oct 30
EUR/USD: Likely to trade in a range between 1.1575 and 1.1635 – UOB Group
Euro (EUR) is likely to trade in a range between 1.1575 and 1.1635. In the longer run, EUR is under mild downward pressure; it may edge lower but is unlikely to threaten the support at 1.1540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 30
FX Today: A steady hand is anticipated from the BoJ and the ECB
The US Dollar (USD) sharply reversed its recent weakness as market participants assessed the widely anticipated rate reduction by the Federal Reserve, while hopes of a US-China trade deal continued to do the rounds in the background.Fxstreet
Wed, Oct 29
EUR/USD is unlikely to break above the major resistance at 1.1680 – UOB Group
Euro (EUR) could rise gradually, but it is unlikely to break above the major resistance at 1.1680. In the longer run, for the time being, EUR is likely to trade between 1.1585 and 1.1680, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 28
US Dollar Index Price Forecast: Tests lower ascending channel boundary around 98.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and trading around 98.60 during the Asian hours on Tuesday.Fxstreet
Tue, Oct 28
Cardano Price Forecast: ADA eyes breakout as whale accumulation and on-chain data turn bullish
Cardano (ADA) is trading around $0.66 at the time of writing on Tuesday, after being rejected from a key level the previous day. On-chain data shows whale accumulation rising, fueling optimism for a potential breakout.
Fxstreet
Tue, Oct 28
EUR/USD rises as US-China trade war eases ahead of Fed decision
EUR/USD edges up late in the North American session on Monday as the Greenback retreats from last week's highs, while the US-China trade war de-escalates ahead of the Donald Trump-Xi Jinping summit in South Korea. The pair trades at 1.1643, up by 0.15%.Fxstreet
Mon, Oct 27
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