The AUD/USD is hovering near a one-week low, below 0.7200, due to a stronger USD/risk-off environment. A combination of factors dragged AUD/USD to a one-week low on Tuesday. The AUD/USD pair remained offered during the first part of the…
Continue ReadingEUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize,…
Continue ReadingEuropean Forex news roundup: USD/JPY falls from highs as Treasury rates remain unchanged The latest forex news from the European market session on January 5, 2022. The market is still contemplative as we await US ADP statistics and the…
Continue ReadingEUR/USD falls below 1.1300 as the dollar regains strength After rising above 1.1300 in the early European session, the EUR/USD has come under additional bearish pressure and remains on the back foot as investors await US ISM Manufacturing PMI data.…
Continue ReadingEuropean Forex news roundup: The dollar remains stable, as markets welcome the new year. The latest Forex news from the European morning session on January 3, 2022. Because the London markets are still closed, Europe experienced a quieter session today.…
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