The EUR/USD pair moved sideways ahead of key economic events scheduled for this week.
Enter your emailWhile the long-term trend is bearish, there is a likelihood that the pair will keep rising as bulls target the key resistance at 1.0675.Timeline: 1-2 days.pair moved sideways ahead of key economic events scheduled for this week.GET STARTEDThe EUR/USD pair has been in a recovery mode in the past few weeks as pressure on the European Central Bank remains.
The key data to watch today will be the latest German business assessment data by the Ifo Institute. Economists expect these numbers to show that the business climate index declined from 91.8 to 91.4. On the other hand, they expect that the current assessment declined from 97.2 to 95.8. At the same time, business expectations are expected to drop from 86.7 to 83.5.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BuzzFeed Struggles Signal Uncertain Future for Digital MediaNew VIP+ Analysis: In today’s tough environment, BuzzFeed and those of its ilk are having a hard time finding their financial footing.
Read more »
Virginia budget negotiators signal they are close to a dealDetails on what’s in the compromise being hashed out by a handful of senators and delegates remain a closely guarded secret, since the General Assembly is in a special session, with most legislators back home in their districts instead of Richmond, where the dealmaking is underway.
Read more »
ECB Lagarde signals that July is likely liftoffBloomberg reported that European Central Bank President Christine Lagarde said the first increase in interest rates in more than a decade may come in
Read more »
USD/CNH struggles to cheer USD weakness near 6.7000 on fresh covid fearsUSD/CNH picks up bids to 6.7030 as fresh covid numbers renew China’s virus woes during Monday’s Asian session. Also keeping USD/CNH buyers hopeful are
Read more »
ECB’s Christine Lagarde Says Crypto Is WorthlessECB President Christine Lagarde insists that cryptocurrencies do not have any value
Read more »