The single currency of the European Union (EU) has fluctuated in a narrow, bearish range during the Asian session to see its lowest since early August, when it tested its lowest since 16 May 2017 against the US dollar amid tight economic data from the region's economies. The euro is …
The Australian dollar weakened in today's trading against the greenback following weak economic data and continued uncertainty in global markets.
Government data revealed that the manufacturing PMI for manufacturing activity stood at 51.3 points last month compared to the previous reading of 51.6 points.
There are conflicting signals from the …
EURUSD
The pair fell out of the range of 1.1070-1.1110 waiting for the J. Powell's performance in Jackson hole. If he signals about the continuation of the rate reduction cycle, the pair may grow locally. At the same time, the absence of such a signal from the Fed leader will …
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