2024-12-23 07:10
IndustryEuro declines on weaker Eurozone business activity
The Dollar index gained strength, and Euro came down after the weaker business activity reports in the euro zone economy. The index needs to see a rise past 101 to turn bullish towards 102 in the coming sessions, while Euro can trade within 1.1070-1.12. USDJPY and EURJPY are coming off contrary to our view of seeing a rise towards 145/146 and 162 respectively in the near term.
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Euro declines on weaker Eurozone business activity
Nigeria | 2024-12-23 07:10The Dollar index gained strength, and Euro came down after the weaker business activity reports in the euro zone economy. The index needs to see a rise past 101 to turn bullish towards 102 in the coming sessions, while Euro can trade within 1.1070-1.12. USDJPY and EURJPY are coming off contrary to our view of seeing a rise towards 145/146 and 162 respectively in the near term.
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