EURUSD : Increase when USD is facing disadvantages!
EUR/USD started the new week on a strong note, bouncing back to the 1.0860 area after Friday's dip. Market sentiment remains optimistic despite reduced bets on a June Fed rate cut, while the 10-year US Treasury yield hit a 4-month high at nearly 4.43%, reflecting shifted expectations for Fed rate cuts later this year.
Despite strong US Non-Farm Payroll data reducing hopes for a March rate cut, the US Dollar declined. The US Dollar Index (DXY), tracking the USD's value against six major currencies, slightly fell to 104.30, providing meaningful upward momentum for EUR/USD!
Despite strong US Non-Farm Payroll data reducing hopes for a March rate cut, the US Dollar declined. The US Dollar Index (DXY), tracking the USD's value against six major currencies, slightly fell to 104.30, providing meaningful upward momentum for EUR/USD!
تم فتح الصفقة
تعليق:
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
