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EURUSD fell to fresh 14 year lows, breaking the low from December at the 1.03517 hitting the low for the day at 1.0339 the worst level since 2002. The strong USD supported by data showing strong ISM manufacturing and construction spending data. Bearish momentum came back as we enter the New Year and every rebound looks like a selling opportunity. Bearish momentum will change only if the pair climbs above the 1.0392 level.
Symposium on the use of artificial intelligence (AI) in financial services is part of the Federal Reserve’s broader effort to understand AI’s application to financial services, assess methods for managing risks arising from this technology
Greece, agreed to sell two banks as part of an effort to appease its international lenders and consolidate its beleaguered banking sector, says the Hellenic Financial Stability Fund has chosen Eurobank (the fourth largest lender) […]
Next Week in Forex Here is a list of important news coming up this week and forex traders must watch: Monetary data: Monday, 9:00. According to the ECB, M3 Money Supply, or the amount of […]
