$EURUSD Forex Signal: Volatility Expected Ahead of ECB and US Inflation
Enter your emailWhile this rebound could be a dead cat bounce, there is a likelihood that the pair will keep rising as bulls target the 61.8% retracement level at 1.1230.Timeline: 1-2 days.pair rebounded sharply on Wednesday and on Thursday morning as a risk-on sentiment spread in the market.
The pair will react to several events on Thursday. First, European leaders will conduct a meeting in which they will deliberate the issue on Ukraine. They will also talk about a new round of stimulus to prevent the bloc’s economy from going to a recession. At the same time, many companies are expressing worries about supply chains. For example, automobile firms will struggle to find parts because of the sanctions on Russia. Still, it is unclear the size or structure of the stimulus package that the leaders will offer.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
EUR/USD Forex Signal: Euro Pressured as Recession Risks RiseThe EUR/USD pair continued its bearish trend in the overnight session as risks of a European recession rose.
Leer más »
Biden officials signal they might extend student loan payment freezeEducation Department officials instructed the companies that manage federal student loans to hold off on sending required notices to borrowers about their payments starting
Leer más »
BTC/USD Forex Signal: Relief Rally Likely to HappenThe BTC/USD pair remained under intense pressure amid the ongoing crisis in Ukraine.
Leer más »
EUR/USD Forex Signal: Euro Pressured as Recession Risks RiseThe EUR/USD pair continued its bearish trend in the overnight session as risks of a European recession rose.
Leer más »
EUR/USD Price Analysis: Pares biggest daily jump in six years near 1.1050 ahead of ECBEUR/USD Price Analysis: Pares biggest daily jump in six years near 1.1050 ahead of ECB By anilpanchal7 EURUSD Technical Analysis ChartPatterns SupportResistance ECB
Leer más »
EUR/USD clings to 1.1050 on pre-ECB caution, US inflation, Ukraine eyed as wellEUR/USD holds onto the initial losses, down 0.11% intraday while taking rounds to 1.1050 during early Thursday morning in Europe. The major currency p
Leer más »