Forex
globalreutersFebruary 3, 20251 Mins read
EUR/USD: Risk is for further Euro weakness – UOB Group
globalreutersFebruary 3, 20251 Mins read Oversold decline has not stabilized; support levels are at 1.0175 and 1.0100. In the longer run, risk is for further Euro (EUR) weakness; it remains to be seen if it can break and remain below 1.0100, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Related Articles
Trump is planning a US sovereign wealth fund
In brief:Trump signed an executive order to begin developing a U.S. government-owned...
ICYMI on Oil – U.S. shale industry and Saudi Arabia tell Trump they won’t boost output
The Wall Street Journal is gated, but if you can access it,...
EUR/USD trims losses but still sheds weight
EUR/USD dropped sharply following fresh tariff threats from US President Donald Trump,...
Fed’s Musalem makes no comments on the economy or monetary policy in his remarks
Federal Reserve Bank of St. Louis President Alberto Musalem.No comments of relevance...
Leave a comment