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EUR/USD Struggling To Retain The 1.2000 Level, Bearish Once Below 1.1980

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US Federal Reserve officials poured cold water on Treasury Secretary Yellen’s comments.
US macroeconomic figures may have missed expectations but indicated continued growth.
EUR/USD struggling to retain the 1.2000 level, bearish once below 1.1980.
The EUR/USD pair trades around the 1.2000 level, posting modest daily losses. The shared currency was the worst performer, as an upbeat market’s mood put some pressure on the greenback against other rivals. Stocks edged higher in Europe and America, as despite missing expectations, US data kept pointing to substantial economic progress. Meanwhile, different Federal Reserve officials poured some cold water on Treasury Secretary Janet Yellen about higher rates. Fed’s Evans said that they are not in a hurry in any way to talk about tapering, while Fed’s Rosengren noted that significant slack remains in the economy, adding that inflation and inflation expectations look stable. ....

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EUR/USD remains pressured around 1.2000 amid cautious mood

5/6/2021 4:39:04 AM GMT
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By Dhwani Mehta
EUR/USD remains vulnerable ahead of fresh US data.
Macroeconomic divergence weighs on the euro.
DXY bounce amid worsening mood adds to the bearish bias.
EUR/USD is pressuring the downside around 1.2000, looking to test two-week lows of 1.1986, as the US dollar has caught a fresh bid-wave amid worsening market mood.
A fresh wave of risk-aversion gripped Asia after China’s state planner announced that the government has decided to put an end to the strategic alliance with Australia, as the ties deteriorate. Asian stocks ex-Japan tumbled while the S&P 500 futures erased gains, lifting the safe-haven appeal of the US dollar. ....

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NZD/USD renews multi-week lows, closes in on 0.7100

The NZD/USD pair registered modest daily gains on Monday and closed a little below 0.7200. With the greenback regathering its strength on Tuesday, the ....

New Zealand , Dhwani Mehta , Conditions Index , Optimism Index , March Factory Orders , புதியது ஜீலாந்து , த்வானி மேத்தா , நிபந்தனைகள் குறியீட்டு , நம்பிக்கை குறியீட்டு , அணிவகுப்பு தொழிற்சாலை ஆர்டர்ஸ் ,

Futures Slide, Tech Weak On Rising Inflation Fears

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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EUR/USD Forecast: Shy bounce from near 1.2000 maintains the risk skewed to the downside

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EUR/USD Forecast: Shy bounce from near 1.2000 maintains the risk skewed to the downsideANALYSIS
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5/4/2021 1:06:57 PM GMT
EUR/USD Current Price: 1.2024
The greenback is firmer against most major rivals as investors eye US recovery.
US Treasury yields trimmed early intraday gains, hold within familiar levels.
EUR/USD has recovered from around 1.2000, but its bullish potential is limited.
The EUR/USD pair fell to 1.1998 on the back of renewed dollar’s strength, now bouncing from the level but still trading in the red. The dollar is firmer across the board, although markets are still struggling for a certain direction. Risk appetite prevailed for most of the European session but took a turn to the worse ahead of the US opening, dragging Wall Street’s futures lower. US Treasury yields started the day with a firm footing but quickly trimmed their intraday gains. ....

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