EUR/USD Deep Dive: When Will Euro Sellers Pose a Sustained Break Below Parity?
EUR/USD hit parity more than a month ago. Since then, prices has held above the big figure, even as sellers have swatted down every bullish flare that’s showed up since.
EUR/USD hit parity more than a month ago. Since then, prices has held above the big figure, even as sellers have swatted down every bullish flare that’s showed up since.
Fed speakers are expected to deploy an aggressive hawkish tone this week.
Market sentiment soured last week as Federal Reserve officials stood firm on further rate tightening. The US Dollar surged higher, pressuring US stocks, cryptos and gold. Traders await Jackson Hole.
S&P 500 posts first weekly drop in a month. FTSE 100 defying gravity
Teaser: USD/CAD will be subject to USD specific factors next week as the Canadian dollar remains exposed to downside risk.