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EUR/USD Price Analysis: Bearish RSI divergence on the daily chart
EUR/USD's daily chart shows a bearish RSI divergence.
The pair looks to have carved out a temporary top above 1.19.
EUR/USD fell by nearly 0.80% on Wednesday as the oversold dollar picked up a bid after the Federal Reserve minutes pushed back against measures like yield curve control.
Wednesday’s
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Lacklustre start for Europe as UK core CPI hits a 12 month high
While US markets continue to set new records, markets elsewhere are finding upside progress much more difficult to attain, with the Nikkei 225 still below its pre-pandemic highs for this year, along with similar underperformance for European markets.
After a negative session yesterday markets here i
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U.S.D
For those of you keenly watching the movement of the USD, here is an update. The USD ended lower on the first day of the week, due to:Investors are cautious ahead of the release of Fed Reserve meeting minutes on Wednesday. Deadlock between the US Democrats and Republicans in the US Stimulus negotiat
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The negatives for the NZD (in summary) … and yet here it is at 0.66
The weaker US dollar is a boon for the kiwi, not that a boon is what is being sought right now. The RBNZ for one would like the currency lower.
The NZD has been an underperformer over past weeks, but it has shaken that off so far this week to get back to 0.66.
The NZ government has shown itself to
Pull-up Update