© Reuters. By Peter Nurse  Investing.com - European stock markets are set to open just higher on positive signs of a global economic recovery, but ranges will be tight with the U.S. markets on holiday and the number of coronavirus cases still mounting. At 2:25 AM ET (0605 GMT), the DAX futures contr

The EURUSD currency pair is currently facing a critical juncture as it hovers below the significant level of 1.08659. After a period of consolidation lasting seven days, with the pair oscillating between the 4-hour support at 1.07966 and the daily resistance at 1.08659, buyers are now making a third

EUR/CHF loses momentum near the 1.0830 region on Tuesday. The cross recedes from Monday’s multi-week tops in the 1.0835/40 band. The Swiss franc stays underpinned by the current safe haven demand. The now better tone around the Swiss franc has prompted EUR/CHF to give away part of Monday’s advance

Today, an important comment from the FED on fiscal policy. The market expects nothing to change. The EUR / USD is in a continual correction after the recent decline on April 26. Always before a FED meeting, traders take profits in fear of a policy change. For me, this is a chance to buy EUR / USD at

🟢 Rate Cut: ECB drops interest rates from 3.40% to 3.15%, with the deposit rate now at 3.00%. 🟢 Reason: The eurozone economy struggles with weak growth, political drama, and global trade jitters. 🟢 Market outlook: More rate cuts might be coming soon, as inflation is expected to settle at 2% by ea

Asia FX and Gold early morning views The upward momentum in risk appetite continues unabated as the markets focus on abundant liquidity and hopes for an economic upswing. The liquidity angle isn’t a new development as central banks and governments have been laying it on thick, but with economies eme

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