EUR/USD risks a probable drop below 1.1000 – UOB

Malaysia News News

EUR/USD risks a probable drop below 1.1000 – UOB
Malaysia Latest News,Malaysia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

EUR/USD risks a probable drop below 1.1000 – UOB By pabspiovano EURUSD Currencies Majors Banks

24-hour view: “EUR closed at 1.1064 in NY but dropped sharply during early Asian hours. Rapidly improving downward momentum suggests EUR could break the major support at 1.1000. The next support below this level is at 1.0965. Resistance is at 1.1045 followed by 1.1075.”

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Milestone reached: Ohio COVID-19 hospital patient count drops below 1,000 for first time since early AugustMilestone reached: Ohio COVID-19 hospital patient count drops below 1,000 for first time since early AugustOhio's COVID-19 hospital patient count has been dropping by about 1,000 a week.
Read more »

EUR/USD: A dive below 1.10 seems likely – MUFGEUR/USD: A dive below 1.10 seems likely – MUFGMarket participants will gain further important insight today into current policymakers thinking when FOMC Chairman Jerome Powell delivers his semi-an
Read more »

EUR/USD set to challenge the 1.10 level – ScotiabankEUR/USD set to challenge the 1.10 level – ScotiabankEUR/USD fell to a new low since May 2020 at 1.1060 before clawing its way back to a failed test of resistance at 1.11. Economists at Scotiabank expect
Read more »

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CADUS Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CADEUR/USD just set a fresh 20-month low and the USD continues to see a war bid, even with yields falling aggressively as rate hike bets get re-priced in the face of global conflict.
Read more »

Euro Price Outlook: EUR/USD Pressured by Widening Rate DifferentialsEuro Price Outlook: EUR/USD Pressured by Widening Rate DifferentialsWith the Federal Reserve sticking to its tightening path, alongside the Bank of Canada who yesterday raised rates by 25bps, focus is once again back on policy divergence with the likes of the ECB. Get your market update from JMcQueenFX here:
Read more »

EUR/USD remains offered below the 1.1100 mark, looks to Ukraine, PowellEUR/USD remains offered below the 1.1100 mark, looks to Ukraine, PowellThe single currency remains mired in the negative territory and motivates EUR/USD to navigate the lower bound of the range near 1.1170 on Thursday. EU
Read more »



Render Time: 2025-03-10 03:42:02