EUR/USD is clinging to the precipice of the abyss at 1.0800, with the ECB keeping an eye on it
EUR/USD is clinging to the precipice of the abyss at 1.0800, with the ECB keeping an eye on it In Asia, the EUR/USD is attempting to correct higher, following the lead from yesterday’s trade, when the price was established just ahead of 1.08, the figure at which it was pinned near a 22-month low. The
Read moreDollar Up, Euro Down as Russian Invasion of Ukraine Intensifies
Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies The dollar was up on Friday morning in Asia, but the euro was set for its worst week versus the U.S. currency in nine months. The Russian invasion of Ukraine and the resultant higher commodities prices continue to drag on expectations of European economic growth.
Read moreGBP/JPY stays depressed below 155.00 as yields ease on Ukraine fears
GBP/JPY stays depressed below 155.00 as yields ease on Ukraine fears GBP/JPY remains sidelined around 154.70 during Thursday’s Asian session, mildly offered after bouncing off a 10-week low the previous day. The cross-currency pair’s latest weakness could be linked to the market’s anxiety ahead of key data/events, as well as a lack of major catalysts.
Read moreThe Most Volatile Currency Pairs and How to Trade Them
The Most Volatile Currency Pairs and How to Trade Them FX markets are susceptible to a range of factors which affect their volatility, and many traders look to tailor their strategies to capitalize on the most volatile currency pairs. Currency volatility, often measured by calculating the standard deviation or variance of currency price movements, gives
Read moreEUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target
EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target Despite the bearish opening gap on Monday, the EUR/JPY has been following the primary component of Dow Theory by remaining above Friday’s low of 128.73. The cross continues to form the higher high and higher low structure, but
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