Recent content by tickmill-news

DXY at Risk of Breakout on Second Test of Key Bullish Trendline The US Dollar softened slightly on Thursday, easing as markets digest recent political changes in France. The biggest contribution to the greenback sell-off came from its major opponent, the Euro, with the EUR/USD pair striving...

USD Edges Higher Amid French Political Uncertainty; Markets Eye Powell's Remarks The US Dollar made modest gains on Wednesday, buoyed by political turbulence in Europe and cautious positioning ahead of key US economic indicators. As traders digest the potential fallout from France's looming...

USD Rally Stalls; EUR/USD Holds Firm Above 1.05 The U.S. Dollar's recent rally has hit a pause, with the EUR/USD pair trading sideways just above the 1.0550 intraday support level. The Dollar Index hovers around the 106.50 support, searching for fresh catalysts to resume its upward momentum...

EUR/USD Rebounds from Key Support; GBP/USD Defies Weak UK GDP The EUR/USD pair staged a recovery on Friday, rebounding from the critical technical support level of 1.0500 reached the previous day. The Euro managed to erase Thursday's losses, climbing back to the 1.0600 range after enduring a...

Dollar Rally Stalls Despite Rebound in Trump Victory Odds, FOMC Meeting in Focus The US presidential election stands as the foremost event this week, with significant ramifications for the US Dollar, bond and equity markets. The Dollar's strength in October was largely attributable to market...

USD Poised to Rise as Bearish Correction Concludes; Labor Market Surprises Ahead The greenback resumed its advance on Wednesday, with the US Dollar Index seemingly completing a modest bearish retracement from 104.50 down to 104. Market participants are holding off on broad profit-taking in...

Market Analysis: Durable Goods Contraction Provides Welcomed Relief to Battered Market Sentiment The latest data shows that US Durable Goods Orders fell by 0.8% in September, marking the second consecutive month of contraction after a sharp downward revision of the previous month's figure from...

US Dollar Retreats Due to Profit Taking Move but Upside Risks Remain The US Dollar has weakened against most major currencies today, as market participants book profits after the parabolic rise and ahead of crucial US economic data releases. The spotlight is on the PMI data for October, which...

US Dollar Resumes Strengthening Amid Election Uncertainty and Safe-Haven Demand The US Dollar accelerated its rally on Wednesday ahead of the US opening bell, driven by heightened uncertainty surrounding the upcoming presidential election and a surge in safe-haven inflows as equities continue...

EURUSD Struggles Amid ECB Dovish Expectations; GBPUSD Holds Near 1.30 After Strong UK Retail Sales The EURUSD pair is struggling to maintain momentum above the key short-term support level of 1.0850. After a modest recovery on Friday, the pair faces renewed selling pressure, with the...

EUR/USD Steadies Near 1.0850 Amid ECB and Fed Speculations In Tuesday's European session, the EUR/USD remains tethered near the 1.0850 mark, indicating a lull in market volatility. This stasis reflects the greenback's stabilization as traders anticipate pivotal data releases later this week...

EUR/USD Dips as Diverging Central Bank Policies Drive Market Sentiment In the ever-volatile currency markets, the EUR/USD pair demonstrated a downward trajectory on Wednesday, eventually stabilizing in a narrow band between 1.082 and 1.084. Despite Spanish inflation data for March meeting...

Dollar rally stalls as market participants wait for more signals of the strength of the US economy The EUR/USD pair is showing resilience, defending its near-term support level at 1.08. Broad, albeit slight dollar weakness contributed to the strength of the pair. However, recent economic data...

EUR/USD Sees Modest Rise Amidst Dollar Weakness At the dawn of the trading week, the EUR/USD pair has started on a modestly positive note, edging higher by 0.2%, however remaining below the intraday resistance level at 1.0850. This upward movement comes against the backdrop of a weakened US...

EURUSD remains range-bound as markets look for fresh upside catalysts EUR/USD advanced slightly on Friday following strong bearish backlash after the pair tested horizontal resistance level on Thursday. Despite the intensive pullback, managed to sustain pricing above 1.08, with technical...