US Dollar plunges, EUR/USD and GBP/USD surge in a year-end rally. Weakened by declining bond yields and a dovish Fed, the dollar faces resistance while the Euro and Pound gain momentum. Prepare for potential market shifts and monitor key support and resistance levels.
Euro slides on weak EU inflation data and anticipation of Fed Chair Jerome Powell's speeches, causing pressure on the EUR/USD pair. Traders await Powell's words for direction in the currency markets.
Euro slides on weak EU inflation data and anticipation of Fed Chair Jerome Powell's speeches, causing pressure on the EUR/USD pair. Traders await Powell's words for direction in the currency markets.