The market is still under pressure because of tensions between the United States and China. EUR/USD is consolidating, GBP/USD is near the psychological level.
Tag - eur
Last week EUR/AUD tested the highest levels since 2009 at 1.6780, but failed to hold there and closed at 1.65 forming a candlestick with a long upper shadow on W1.
The AUD and the NZD are trying to correct higher versus the USD. The GBP is under negative pressure and awaits news.
The currency market is consolidating after a tempest…
On Tuesday, EUR/USD formed a candlestick with a small body and long upper and lower wicks - this is a sign of the market’s uncertainty.
New Zealand's central bank has shocked the market…
It turns out that the Swiss National Bank is buying foreign currency in order to limit the appreciation of the CHF.
The massive selloff in the market spread to the USD.
Two scenarios for EUR/JPY
The CNY fell to 11-month low as trade tensions between the United States and China increased…
Despite the fact that EUR/USD fell as low as to 1.1025, it still managed to close the week above 1.11.
Friday continues to be highlighted by the news connected to the trade issues of the United States.