EUR/USD Forecast: US Dollar keeps benefiting from market fears

대한민국 뉴스 뉴스

EUR/USD Forecast: US Dollar keeps benefiting from market fears
대한민국 최근 뉴스,대한민국 헤드 라인

The EUR/USD pair fell to 1.0569 on Tuesday as concerns about continuously tight financial conditions weigh on economic expectations. The US Dollar be

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

nefited from the sour sentiment, as stock markets kept giving up yearly gains while government bond yields flirted with record highs. Other than that, speculative interest awaits inflation-related figures from major economies to confirm or deny its concerns.

So far this Tuesday, the calendar has been relatively scarce, with no data from Europe but some housing-related releases from the United States . The country will publish the July Housing Price Index and the S&P/Case-Shiller Home Prices Index for the same month. Additionally, the US will release August New Home Sales and September CB Consumer Confidence.will publish updates on price pressures.

For the near term, the 4-hour chart suggests the ongoing recovery is not enough to change the pair's longer-term direction. Technical indicators corrected oversold conditions but remain well below their midlines. At the same time, the 20 SMA has decelerated its slump but keeps grinding south below bearish longer ones, reflecting sellers' dominance.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

FXStreetNews /  🏆 14. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

EUR/USD Forecast: Market fears favor a bearish breakoutEUR/USD Forecast: Market fears favor a bearish breakoutThe US Dollar started the week with a firm footing, resulting in EUR/USD trading as low as 1.0619. Following central banks' mostly hawkish decisions
더 많은 것을 읽으십시오 »



Render Time: 2025-01-16 10:28:13