Currencies News

ECB Plans December Easing. How Much Downside For Euro?

ECB Plans December Easing. How Much Downside For Euro?

The European Central Bank left unchanged today, but the euro sold off aggressively after President Christine Lagarde confirmed that more easing is on its way. The central bank is looking to recalibrate all instruments at its next policy meeting, according to the...

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Euro Falls Below 1.17, ECB Stays Pat

Euro Falls Below 1.17, ECB Stays Pat

has posted losses on Thursday. In the European session, EUR/USD is trading at 1.1696, down 0.43% on the day. The euro has had a rough week, as the pair is down 1.3%, erasing last week’s gains. In the U.S., soared 33.1% in Q3, above the estimate of 32.0%. fell to...

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GBP/USD Channel Breakout | Investing.com

GBP/USD Channel Breakout | Investing.com

Bearish: We are currently at 1.2941 just out of a channel in a range.  IF we can break support here, we are looking for a continuation to the ATR target at 1.2859 area. The further target is the 0.786 Fibo at 1.2783.  Watch the USDX for direction. The ATR for the pair...

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Markets Continue To Struggle | Investing.com

Markets Continue To Struggle | Investing.com

The spreading virus that is shutting down large parts of Europe, while the US is reluctant to return to lockdowns and refuses to have a nationwide requirement for masks in public hit risk assets yesterday. The posted its largest decline in four-months yesterday...

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Will The ECB Surprise The Market?

Will The ECB Surprise The Market?

We got what we have been looking for Wednesday with the breaking its narrow trading range and providing a profitable movement for short traders. The currency pair broke below the symmetrical triangle formation (stated in our analysis from 28/10/20) and dropped to a...

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