The euro can check the 1.0950 area in comparison with the US greenback, however it doesn’t appear to have sufficient momentum to obviously penetrate this area. In the long run, the euro ought to penetrate the 1.0950 area and shut it earlier than resuming its top, based on Foreign exchange analysts from the UOB group, Fast Sir Liang and Peter Xia.
Above the 1.0950 area, the euro can resume its top
See 24 hours: “We don’t anticipate the euro to go as much as the area of 1.0929. Clearly.
Imaginative and prescient of 1 to three weeks to come back: “In our replace revealed final Friday (March 14, the speedy costs of the area of 1,0850), we have now burdened that” present worth actions are prone to be a part of the cohesion stage “and that the euro is prone to negotiate within the worth vary 1.0680 / 1.0950 at current. Able to resume its dimension.
2025-03-18 08:59:00