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The EUR/USD currency pair is holding below 50 periods EMA and above 1.1835 double bottom support level. The RSI and MACD are also supporting selling bias; therefore, we should open a sell position in the EUR/USD. But there’s one thing we should wait for before opening a sell position. Learn more about it in the EUR/USD price forecast video.
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EUR/USD Drops 0.35% to 1.1309 Amid Weakened German Sentiment Key momentsThe EUR/USD slid 0.35% on Tuesday, reaching 1.1309.
In addition, the US Dollar Index increased by 0.25%.
The German ZEW Economic Sentiment Index fell in April, weighing on the euro.Euro Under Pressure Against Dollar […]
Volkswagen shares trade little changed on Wednesday, company to begin vehicle imports to Iran in August German vehicle maker Volkswagen AG was reported to be considering a return to Iran after 17 years, as it prepares to begin importing cars to that market in August. Such a move could make the German company less reliant on volatile foreign […]
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PJT Partners announces $0.25 quarterly dividend PJT Partners Inc (NYSE: PJT) said on Tuesday that its Board of Directors had authorized a quarterly cash dividend of $0.25 per share of common stock.The dividend was kept unchanged from the previous quarterly dividend payment.The […]
Canadian GDP Slides 0.2% Amid Declines in Goods-Producing Sectors, USD/CAD Hits 1.3835 Key Moments:Canada’s real GDP fell by 0.2% in February, partially reversing January’s 0.4% gain.
Industries relating to goods production contracted by 0.6%, driven by declines in mining and construction. In total, 12 out of Canada’s 20 […]