Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD still struggling to make progress as US stock markets reopen
Earlier today the EUR/USD fell back from a session high at 1.0762. That high came around the time the European equity markets reopened but since then it has been tracking lower and it has traded to a low today at 1.0723. That low exactly matched the low seen yesterday afternoon, Hence, it has so far resisted a break to a fresh 2024 low, but only by the smallest of margins. The reader is once again reminded of the next notable technical level on the downside, at 1.0712, should the EUR/USD take out 1.0723 this afternoon. The rebound off that session low today has not yet made much headway. The EUR/USD is currently trading at 1.0735, as the US stock markets reopen for business
Market News
All News-
Dollar off the boil as US stocks edge back from opening highs-EUR/USD back above 1.1125 (corrected)
The previous update looked at how the Nasdaq 100 was just slightly paring its opening gains and it is the same for the Dow Jones and the S+P 500 too... -
Dollar off the boil as US stocks edge back from opening highs-EUR/USDS back above 1.1125
The previous update looked at how the Nasdaq 100 was just slightly paring its opening gains and it is the same for the Dow Jones and the S+P 500 too... -
US stocks open higher- Nasdaq 100 pares opening gain in very early trading
The US stock markets have just reopened for live trade and of course it has been a much higher opening for all three major indexes this afternoon. The...
