Page 14 - Term Technical News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: The ECB expressed concerns about the exchange rate, will analyse the impact of policies’ imbalances. US Consumer Confidence improved modestly in January to 89.3. EUR/USD is neutral in the near-term, faces strong resistance in the 1.2180 region. A better market sent EUR/USD to a daily high of 1.2175. However, investors remain cautious ahead of first-tier events in the US to be released later in the week, and doubts about further US stimulus, as President Joe Biden’s plan faces opposition in Congress.  Also, concerns gyrate around delays in vaccines’ delivery in Europe. The market...

Share: An improved market’s mood put the greenback under selling pressure. Australian Q4 inflation is foreseen stable and well below RBA’s target. AUD/USD is back bullish in the near-term, could rally beyond 07815. The AUD/USD pair resumed its advance this Tuesday, reaching 0.7753 and trading nearby as the day comes to an end. The pair surged during European trading hours amid an improvement in the market’s mood, which played against the greenback. The pair retained gains despite the poor performance of Wall Street, as the US three major indexes struggled to post intraday gains. Austral...

Share: Australian markets to be closed in observance of the Australia Day. A dismal market mood pushed the pair lower in the American session. AUD/USD is bearish in the near-term, additional declines expected. The AUD/USD pair fell to 0.7682, its lowest in a week during the American session, but managed to regain the 0.7700 level ahead of the daily close. The pair traded alongside sentiment, falling early in the US session as US indexes plummeted on speculation further coronavirus relief would be delayed a month or two. Australia started the week with an empty calendar, with activity in the ...

Share: US President Biden’s stimulus plan at doubt, hurting the market’s mood. German IFO survey missed expectations in January amid extended lockdowns. EUR/USD is at risk of accelerating its decline once below the 1.2100 level. The EUR/USD pair fell to 1.2115, as a change in the market’s sentiment fueled demand for the greenback. Investors´ mood suffered a setback after the release of poor German data, later exacerbated by discouraging headlines related to US stimulus. The German IFO survey showed that the Business Climate fell to 90.1 in January from a revised 92.2. The assessment o...

EUR/USD Current Price: 1.2105 Joe Biden has become the 46th US President, Wall Street hits record highs. The focus shifts to the European Central Bank ...