The Euro (EUR) has taken a commanding position against the US Dollar (USD), with a bullish breakout underway in the EUR/USD pair. This surge reflects shifting global economic conditions and market sentiment increasingly favoring risk assets. Below, we dive into the technical setup and fundamental drivers propelling this breakout. Key Highlights Technical Breakout Confirmed: The […]
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The foreign exchange market is abuzz with activity as the US dollar, often hailed as the “King Dollar,” continues to assert its dominance. This week’s highlight is the upcoming US inflation report, which has traders and investors across the globe eagerly anticipating its impact on currency movements. Here’s a comprehensive look at what’s driving the […]
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As we enter 2025, the US Dollar continues to hold near its multi-year highs, signaling its strength in the global currency markets. This trend, which started in 2024, has shown little sign of slowing down, as the greenback remains a preferred choice among traders and investors. The reasons behind the Dollar’s dominance are multifaceted, reflecting […]
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The Essentials of Forex Trading: A Beginner’s Guide Forex (Foreign Exchange) trading, also known as FX trading, is the process of buying and selling currencies in the global marketplace. It is the world’s largest financial market, with a daily trading volume of over $6 trillion. While the concept of forex trading may sound complex, understanding […]
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