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EUR/USD Propped Up Near 1.0750 Ahead Of European Retail Sales
Article By: Joshua Gibson
Monday, May 6, 2024 8:15 PM EDT
EUR/USD hovered around 1.0770, edging up post PMI data, before stabilizing above 1.0750. Eyes on Tuesday's pan-European Retail Sales figures.
In this article: FXE, UUP
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Analytical Overview Of The Main Currency Pairs - Monday, May 6
Article By: JustMarkets
Monday, May 6, 2024 9:23 AM EDT
The euro rose to $1.08, hitting its highest level since April 9, as traders revised their expectations for an interest rate cut after releasing a weaker-than-expected US jobs report.
In this article: FXE, FXB, FXY, GLD, UUP
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European Stocks Edge Higher Amid ECB Rate Cut Prospects And Mixed US Jobs Data
Article By: The Private Banker
Monday, May 6, 2024 8:13 AM EDT
European stock markets witnessed modest gains on Monday, with both the STOXX 50 and STOXX 600 indices rising approximately 0.1%.
In this article: FXE, UUP
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EUR/USD Analysis: After US Jobs Numbers
Article By: Mahmoud Abdallah
Monday, May 6, 2024 6:57 AM EDT
The EUR/USD currency pair extended gains to the resistance level 1.0812 on the back of weaker-than-expected US jobs data and settled around 1.0760 at the start of trading this week.
In this article: FXE, UUP
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Euro Stalls At Key Trendline Resistance Against US Dollar
Article By: ForexCycle
Sunday, May 5, 2024 11:51 PM EDT
The EURUSD currency pair has staged an impressive rally from the 1.0600 low, breaking above the 1.0752 resistance level and extending its upside move to test the falling trendline resistance visible on the 4-hour chart.
In this article: FXE, UUP
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