The US dollar fluctuated in a narrow range slipping towards the Asian session, where the lowest level since Jan. 10 against the Japanese Yen following the economic developments and data that followed on the Japanese economy and on the eve of developments and economic data expected Tuesday by the US …
The Australian dollar fell during the Asian session to witness a rebound to the second session of its highest since May 13 against the US dollar following developments and economic data that followed on the Australian economy and on the threshold of the decisions and directions of the Reserve Bank …
EURUSD
The pair is supported amid increasing likelihood of the Fed reducing interest rates this year. The anticipation of lower interest rates will restore the USD to the role of a funding currency, which will weaken it further.
The price is above the middle Bollinger band, above SMA 5 and …
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