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Jahidul Islam , United Commercial , March Services , ஒன்றுபட்டது வணிகரீதியானது , அணிவகுப்பு சேவைகள் ,

EUR/USD Forecast: Waiting for Biden and the Fed


4/7/2021 1:04:52 PM GMT
EUR/USD Current Price: 1.1883
The US Federal Reserve is set to release the Minutes of its latest meeting.
Markit upwardly revised its Services PMIs for the Union in March.
EUR/USD is overbought in the near-term, the bearish potential is still limited.
The EUR/USD pair approached the 1.1900 level after encouraging EU data which underpinned the shared currency while weaker US Treasury yields undermined the greenback throughout the first half of the day. Markit published the final readings of its March Services PMIs for the EU, and most of them were upwardly revised. The German index was confirmed at 51.5, while for the whole Union, it printed at 49.6, better than the previously estimated 48.8. ....

Joe Biden , Services Pmis , March Services , February Goods Trade Balance , ஓஹோ பிடென் , அணிவகுப்பு சேவைகள் , பிப்ரவரி பொருட்கள் வர்த்தகம் சமநிலை ,

EUR/USD Forecast: Retains Gains Near 1.1900 And Could Extend Its Gain Towards The 1.2000 Area


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FOMC Minutes passed unnoticed as the Fed reaffirmed its wait-and-see stance.
Better than anticipated European data provided support to the shared currency.
EUR/USD retains gains near 1.1900 and could extend its gain towards the 1.2000 area.
The EUR/USD pair peaked at 1.1914 this Wednesday, its highest since March 23. The shared currency was supported by encouraging EU data, while the greenback, on the other hand, was hit by a continued decline in government bond yields and dismal local data. US President Joe Biden addressed the nation, defending his infrastructure investment plan but providing no fresh headlines.
 Markit published the final readings of its March Services PMIs for the EU, and most of them were upwardly revised. The German index was confirmed at 51.5, while for the whole Union, it printed at 49.6, better than the previously estimated 48.8. The US released the February Goods Trade Balance, which posted a deficit of $71.1 billion, worse t ....

Joe Biden , Services Pmis , March Services , February Goods Trade Balance , February Factory Orders , February Producer , Price Index , Initial Jobless Claims , Term Technical , ஓஹோ பிடென் , அணிவகுப்பு சேவைகள் , பிப்ரவரி பொருட்கள் வர்த்தகம் சமநிலை , பிப்ரவரி தொழிற்சாலை ஆர்டர்ஸ் , பிப்ரவரி ப்ரொட்யூஸர் , ப்ரைஸ் குறியீட்டு , கால தொழில்நுட்ப ,

EUR/USD Forecast: Technically Bullish In The Short-Term, Still Depends On The Greenback's Behaviour


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The EU April Sentix Investor Confidence printed at 13.1, beating expectations.
US Treasury yields edged sharply lower, weighing on the American currency.
EUR/USD is technically bullish in the short-term, still depends on the greenback’s behaviour.
The American dollar extended its slump this Tuesday, with EUR/USD hitting 1.1873, its highest in two weeks. The pair fell at the beginning of the week as news from China spurred some risk-aversion, but the positive mood resumed with London and accelerated in US trading hours, with government bond yields falling sharply and dragging the greenback alongside.
The EU published April Sentix Investor Confidence, which printed at 13.1, much better than the 7.5 expected. The unemployment rate in the EU remained at 8.3% in February, missing the expected 8.1%. The US released April IBD/TIPP Economic Optimism, which printed at 56.4 and an encouraging February JOLTS Job Openings, as it came in at 7.367 million. ....

City Of , United Kingdom , United States , Federal Reserve , Ssentix Investor Confidence , April Sentix Investor Confidence , March Services , February Trade Balance , Term Technical , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , கூட்டாட்சியின் இருப்பு , அணிவகுப்பு சேவைகள் , பிப்ரவரி வர்த்தகம் சமநிலை , கால தொழில்நுட்ப ,