EUR USD No changes to the consolidative stance – UOB Eurusd - Currencies HEAD TOPICS
EUR USD No changes to the consolidative stance – UOB
10/21/2022 8:43:00 AM EUR USD No changes to the consolidative stance – UOB – by @pabspiovano #EURUSD #Currencies #Majors #Banks
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EUR USD No changes to the consolidative stance – UOB – by pabspiovano EURUSD Currencies Majors Banks Markets Strategist Quek Ser Leang and Economist Lee Sue Ann at UOB Group still see EUR/USD trading within the 0.9670-0.9860 range in the next few week Key Quotes24-hour view: “Our expectation for ‘the rapid decline in EUR to extend’ was incorrect as it popped to a high of 0.9845 and dropped back quickly to close at 0.9783 (+0.12%). The current price movement is likely part of a broad consolidation range and we expect EUR to trade within a range of 0.9730/0.9830 for today.” Next 1-3 weeks: “We continue to hold the same view as from yesterday (20 Oct, spot at 0.9760). As highlighted, EUR remains in a broad consolidation range and is likely to trade between 0.9670 and 0.9860 for the time being.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. Read more:
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EUR/USD Forecast: Slightly Positive Session EUR/USD ForecastThe Euro rallied just a bit during the trading session on Tuesday as we continue to see a little bit of a recovery. trading within the 0.October 20, 2022 The screenshot from a recent Bloomberg report posted with the tweet, says that S&P 500 has dropped around 20 percent this month so far.ETH /USD climbed to a top point of $1,304.in Q2 this year, surpassing spot trading. 9670-0.9860 range in the next few weeks. According to the report, a further fall of the S&P 500 price may stop further tightening policy of the Fed Reserve. Key Quotes 24-hour view: “Our expectation for ‘the rapid decline in EUR to extend’ was incorrect as it popped to a high of 0. Like with bitcoin above, today’s rebound in price came as bears failed to break out of a key support level of $1,270.9845 and dropped back quickly to close at 0. Ads FTX US Bans Tokens That May Be Defined As Securities From Listing: Details Besides that, in an earlier tweet today, McGlone reminded the community that Bitcoin’s finite and diminishing supply is a key factor for its price to “continue to rise over time”.9783 (+0. Another advantage includes short exposure, as traders can bet against an asset's performance even if they don't have direct exposure to it. 12%). In order for this to take place in the coming days, a ceiling of 46. The current price movement is likely part of a broad consolidation range and we expect EUR to trade within a range of 0.9730/0.9830 for today.” Next 1-3 weeks: “We continue to hold the same view as from yesterday (20 Oct, spot at 0. Other than that, they are traded based on an underlying index price. 9760). As highlighted, EUR remains in a broad consolidation range and is likely to trade between 0.9670 and 0.9860 for the time being.” Information on these pages contains forward-looking statements that involve risks and uncertainties. A market with higher liquidity levels makes it easier for buyers and sellers to find other traders and make transactions at the prices they prefer. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. 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