The Relative Strength Index (RSI) indicator on the 4-hour chart rises toward 80, reflecting overbought conditions for EUR/USD ...
Euro (EUR) jumped post-tariff announcement. Reciprocal tariff rate of 20% on EU was largely in line with street’s estimates.
USDJPY loses 1.7% as US tariffs stress investors. Short-term outlook becomes gloomier. More losses expected below 146.50.
EUR/USD is net around 0.9% higher after the trade announcement. The main buying point for the euro is that it's a big, liquid alternative to the US Dollar – and that the dollar's troubles (weaker US ...
The decline in the oil price is another sign of fears about global growth, this is also reflected in the sell off in shipping stocks. Freight rates are also tumbling, as the shake up in global trade ...