News

EUR/USD extends selloff to 1.1550 as Dollar strengthens despite weak US data
If EUR/USD tumbles below the 50-day SMA of 1.1550, traders would target 1.1500. If surpassed, the next stop would be 1.1400.
As the Dollar Slides, the Euro Is Picking Up Speed
“Further euro strength is likely to be self-defeating,” said Valentin Marinov, a currency strategist at Crédit Agricole, a ...
A short squeeze is lifting the U.S. dollar versus the euro
The U.S. dollar was extending its bounce versus the euro for a second day on Tuesday, finding support on what currency strategists said appeared to be substantial short covering versus the euro ...
EUR/USD Price Forecast: Bears maintain the pressure
Market players await United States data for additional clues. Progress in trade talks continues to benefit the American ...
Dollar Short-Squeeze Extended Before Stalling Ahead Of Tomorrow's Key Events
The short-covering recovery in the US dollar has been extended today, but the momentum stalled in the European morning. Click ...
Dollar Tanks Amid Tariff Onslaught: How You Can Beat Inflation
The American dollar has hit its rock bottom, at least since the Nixon days. The dollar is experiencing its worst value since ...
Dollar’s Gains Could Be Short-Lived
The dollar strengthened, but Tradu.com warned its current rebound could prove short-lived due to deficit concerns and investors continuing to diversify portfolios away from U.S. assets.
Euro-fuelled dollar surge adds to headwinds facing rupee
The Indian rupee is likely to open weaker on Tuesday, weighed down by a jump in the dollar index following a steep decline in ...