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Despite experiencing some fluctuations, the dollar generally remained unchanged. Thus, the market continues to hover around the lower boundary of the range. If the price doesn't move towards the upper.
Hot forecast for EUR/USD on June 25, 2024
The empty economic calendar was a great reason for the dollar to bounce a bit. However, in the grand scheme of things, nothing has changed. The US currency has returned.
Hot forecast for EUR/USD on June 14, 2024
Under the pressure of weak data on industrial production, the rate of decline of which accelerated from -1.2% to -3.0%, the single currency quickly retreated to the values at which.
Hot forecast for EUR/USD on May 6, 2024
Just a few days ago, Federal Reserve Chair Jerome Powell expressed uncertainty regarding the timing for the rate cut due to the strong US economy. However, if the situation were.
Hot forecast for EUR//USD on April 23, 2024
The EUR/USD pair is moving around the base of the downward cycle, where a sideways range has formed. The support level is at 1.0600, while the peak of this sideways.
Hot forecast for EUR/USD on April 18, 2024
In the absence of economic reports or other news that could affect the market, investors finally paid attention to the dollar's overbought condition. So, there was nothing to prevent.
Hot forecast for EUR/USD on April 15, 2024
So, the European Central Bank has confirmed its intention to start cutting rates in June, which has become the fundamental reason why the euro is falling. And while.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.