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The Euro Is Unstoppable Today and Challenging the Tough 1.2160 Now
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By rosered44
The euro continued to press higher today and the buy order opened earlier today during the European session closed with a profit.
The euro moved higher and reclaimed 1.25 before tomorrow’s U.S. job report. The EUR/USD began to move higher during the European session, and throughout the U.S. session. The U.S. 10-year treasury yields soared today from 2.73% to 2.78%; however, the higher yields were unable to stop the U.S. dollar drifting…
1 trade has been closed since the last update. It was a loss. The total realized loss is $224. Last week, we ended at $1193 in profit minus interests and fees. After the loss this week, that brings our total net profit to $969 minus interests and fees. The strategy can…
The EURUSD turned higher and broke above 1.16, but it was not a strong upward move. The EURUSD has turned bullish on the hourly chart. There was some dovish rhetoric from Fed speaker, Bullard. He stated that markets were generally more dovish than the latest FOMC forecasts. More rate hikes…