EURJPY Price Analysis – June 05 The bullish trend may continue provided the bulls maintain or increase their momentum and the supply levels of $125, $127 and $130 may be its target. In case the price pulls back and the daily candle closes below the $123 price level, then, it may target $122 – $121 […] The post EURJPY Price Breaks a Key Resistance Level $123, Targeting $125 Price Level appeared first on Cryptovibes.com - Daily Cryptocurrency and FX News.
By Jamie McGeever BRASILIA (Reuters) - Brazil's real surged on Friday through 5.00 per dollar for the first time since March, sealing its biggest weekly rise in nearly 12 years after surprisingly strong U.S. employment data sparked a buying spree in riskier, beaten down assets.
Bloomberg) -- For investors wondering how markets can keep rallying in the midst of economic disaster, just look to the weakening dollar. Its descent to a three-month low is adding a pillar of support to the bullish foundations powering risk assets across the globe this week. Emerging markets, commodities and equities have surged as money managers look beyond unemployment headlines, and focus on central bank stimulus and business reopenings.
By Geoffrey Smith Investing.com -- The European Central Bank said Thursday it will increase the size of its main pandemic-fighting bond purchase program by 600 billion ($672 billion), ramping up its efforts to support a Eurozone economy that is expected to shrink by more than 8% this year. The ECB also said after its regular council meeting that it will stretch the purchases under the Pandemic Emergency Purchase Program out until at least the middle of next year. "In ...
By Fabian Cambero SANTIAGO (Reuters) - Chile's central bank said on Wednesday it was speaking to its U.S. and Chinese counterparts to increase flexibility in foreign exchange operations as the coronavirus pandemic ravages the nation´s once-stable economy. The bank said it had asked the New York Federal Reserve to register for overnight repo operations to facilitate credit swaps, announced in March to help foreign central banks during the crisis to exchange their holdings ...
Recent Comments