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Wednesday, January 27, 2021

EURUSD

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EUR/USD Gradually Taking Lead As US Dollar Suffers

It is the consecutive fourth day now for the rising trades for the EUR/USD. Compared to the other contemporary European currencies the US Dollar...

EUR/USD Elliot wave analysis ahead of ECB interest rate decision

The EUR/USD is holding steady ahead of the ECB interest rate decision. Analysts expect the bank to leave interest rates unchanged and pledge to do...

EUR/USD retreats as second wave push hedge funds to dump euro

The EUR/USD has retreated today as traders react to the rising number of Covid-19 cases. Countries like France, Italy, Spain, and Germany recorded a sharp...

EUR/USD falls after weak German and US consumer inflation data

The EUR/USD pair declined today as investors reacted to German and US inflation data. US consumer prices increased to 1.4% while the core CPI to...

EUR/USD spikes as Friday’s risk aversion trade fades

The EUR/USD is rising today as traders react to new development on Trump. It is also rising because of the relatively positiveeconomic data from...

EUR/USD rises for second day in a row but bearish trend remains

The EUR/USD pair has risen for two days in a row as traders wait for the first Trump-Biden debate. The pair is also reacting to...

EUR/USD sparks higher on dollar weakness but bearish trend remains

The EUR/USD pair is rising today mostly because of a weaker dollar and a likelihood of a Brexit deal. The US dollar has dropped against...

EUR/USD falls for fifth straight day as global risks rise

The EUR/USD pair is down for the fifth straight day as investors react to the rising risks. Data from Europe and the United States showed...

EUR/USD forms hammer pattern after mixed Eurozone PMI data

The EUR/USD pair formed a hammer pattern as the market reacted to the Eurozone PMI data. The manufacturing PMI rose to 53.7 in September while...

EURUSD tries to keep a bullish tilt into the new trading week

EURUSD above key MAs and trend lines... The EURUSD...
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