Euro / U.S. DollarShort
EURUSD short
Hello traders, welcome to yet another market analysis.
EURUSD has broken the lows. And the price rejected the main key level in the monthly period.
Fundamentals: The current dollar weakness came amid comments from Bostic (Fed): he said the Fed MIGHT be in a position to stop raising rates by mid-summer. That was at the end of last week, which explains the latest rally on the EURUSD. However, the smartest market out there (Bonds) really didn't care about your comments.
EURUSD has broken the lows. And the price rejected the main key level in the monthly period.
Fundamentals: The current dollar weakness came amid comments from Bostic (Fed): he said the Fed MIGHT be in a position to stop raising rates by mid-summer. That was at the end of last week, which explains the latest rally on the EURUSD. However, the smartest market out there (Bonds) really didn't care about your comments.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.