The pair is trading above the 1.2080 level. It’s under pressure due to the stronger US dollar's position amid a strong increase in the yield of treasuries, as well as the absence of negative news for the US currency.
Technical side:
The price is located below the middle Bollinger …
The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound from its high since September 11, 2020 against the Japanese yen, following the developments and economic data that they followed on the Japanese economy and on the cusp of economic …
The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second consecutive session from its highest since January 14 against the US dollar, following the developments and economic data that they followed on the Australian economy and on …
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