The single currency of the European Union region fluctuated in a narrowly bullish range during the Asian session as it rebounded to its third-lowest session since March 12 against the US dollar after Federal Open Market Committee Chairman and Federal Reserve Bank Chairman Erick Rosengren in Hong Kong On Tuesday, …
The Australian dollar fluctuated in a tight range slipping towards the Asian session to see a rebound for a fourth straight session since February 27 against the US dollar amid tight economic data by the Australian economy and Federal Open Market Committee member and Federal Reserve Bank Chairman Eric Rosengren …
EURUSD
The pair is consolidating above 1.1300 while remaining under pressure due to the expected recession in Europe and the uncertainty surrounding the Brexit outcome.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving horizontally. …
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