Share: EUR/USD attracts some buying during the Asian session on Tuesday, albeit lacks follow-through. A modest USD pullback lends support, though traders seem reluctant ahead of the Fed and the ECB. The mixed technical setup also warrants some caution before placing aggressive directional bets. The EUR/USD pair edges higher during the Asian session […]
Share: EUR/USD holds steady above the 1.0900 mark, though struggles to attract any buyers. Bets for more Fed rate hikes revive the USD demand and act as a headwind for the pair. Worries about a global economic downturn contribute to capping gains for the major. The EUR/USD pair struggles to gain any meaningful […]
Share: EUR/USD consolidates recent losses but lacks recovery momentum after snapping two-day winning streak. ECB’s Centeno recently prod policy hawks even as Lagarde & Company kept rate hike bias intact. Fed’s Powell advocates for two rate increases in 2023, rules out rate cuts. German inflation data, second-tier US statistics eyed for clear directions. […]
