اب سے ہم Elev8 ہیں

ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور  ترقی کے لیے درکار ہو، ایک  ہی جگہ پر  ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟

EUR/USD near 1.0900 on IFO

FXStreet (Edinburgh) - The European currency keeps pushing higher on Friday, now lifting EUR/USD to shouting distance of the key barrier at 1.0900.

EUR/USD firmer on IFO

The pair has found another excuse to climb further after the German IFO indicator surpassed expectations in almost all of its components for the current month: Business Climate and Current Assessment improved to 108.6 and 113.9, respectively while Expectations missed the median and ticked lower from March print, coming in at 103.5.

The Eurogroup meeting has already kicked in amidst a climate of increasing anxiety and optimism amongst market participants. Later on, US Durable Goods Orders are due, with bets pointing to a monthly expansion of 0.6% during the last month, reverting the previous contraction.

EUR/USD levels to watch

At the moment the pair is gaining 0.55% at 1.0884 with the next hurdle at 1.0898 (high Apr.24) ahead of 1.0900 (psychological level) and then 1.0914 (76.4% of 1.1036-1.0521). On the downside, a breach of 1.0769 (21-d MA) would open the door to 1.0730 (10-d MA) and finally 1.0666 (low Apr.23).

Greece deal might provide EUR/USD temporary relief – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, sees potential relief for EUR/USD in the near-term if a Eurogroup-Greece deal is reached, but ECB’s purchases are likely to keep the long-term bearish outlook intact.
مزید پڑھیں Previous

German IFO business climate rises to 10-month high

The Ifo Business Climate Index for German trade and industry rose to a 10-month high of 108.6 in March, beating the estimate of 108.4, and up from February’s 107.9.
مزید پڑھیں Next