HFM’s Outlook 2023: Europe and the EURO
Europe and the EURO– 2023 Outlook With weaker growth, tight labour market and higher and longer-lasting inflation in 2022, the outlook for the euro area has worsened. Headline inflation may have ended the year at a lower level than initially anticipated, but partly thanks to one-off government support in Germany, core inflation actually moved higher, […]
Euro to Dollar (EUR/USD) Forecast for 2023, 2024-2025 and Beyond
2023-01-09 2023-01-09 EUR/USD Forecast for 2023-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ EUR/USD is one of the major currency pairs. It means that it’s one of the most traded pairs in Forex. However, traders around the globe try to predict its future price for more than opening successful trades. The direction of EUR/USD may reflect the strength […]
Russian rouble advances vs dollar, euro in light holiday trade By Reuters
© Reuters. FILE PHOTO: Rouble coin plunges into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) – Russia’s rouble rose against the dollar and euro on Friday, as oil prices lifted during thin holiday trading. The rouble gained 0.55% against the dollar to 71.79 by 0735 GMT, and 0.86% against the euro […]
EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance: 1.07670Pivot: 1.05085Support: 1.03315Preferred Case:Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head back down to break the pivot at 1.05085 where the previous […]