ForexNewsPlus Updates

EUR/USD 1.17 Holds as 1.18 Breakout Forms

EUR/USD is currently positioned between 1.1720 and 1.1750, having halted a four-day decline and gaining momentum as liquidity increases in the Christmas week. The pair is not experiencing an upward movement based on optimism. The market is experiencing a rally driven by a combination of factors: a softer USD tone, adjustments in the rate path, … Read more