EURUSD
The pair is trading above 1.1270. It broke away from the short term upwards trend as the eurozone economy is expected to enter recession already this year, which will force the ECB to continue with its soft monetary policy.
The price is below the middle Bollinger band, above SMA …
The Australian dollar fluctuated in a narrowly bullish range during the Asian session to see its rebound from its lowest level since January 4 against the US dollar following the economic developments and data followed Tuesday by the Australian economy and amid a lack of economic data earlier this week. …
The single currency of the European Union region fluctuated in a narrowly bullish range during the Asian session to see its rebound to its second-lowest session since November 28 as economic data on Tuesday narrowed the eurozone economy and the US economy, the world's largest economy.
At 04:22 GMT, the …
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