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EUR/USD takes off on Trump's presser, breaks 1.0500 Ross J Burland

18:46 11 January /2017 Forex

Currently, EUR/USD is trading at 1.0499, down -0.59% on the day, having posted a daily high at 1.0568 and low at 1.0454.The greenback is starting to come off and losing ground across the board as Trump introduces the headway that he is making leading into his inauguration just 9 days away.Trump at a press conference started to announce a few number of business deals taking place in the United States, explaining there is a great spirit, and Trump will be the biggest jobs creator that god ever created.Trump opened talking about how the auto industry will be expanding with Fiat, Ford and Chrysler who will be building new plants in the US while Ford are cancelling their contract to build a billion dollar plant in Mexico and instead build business onshore. Trump is now taking questions in respect to Russian ties/ potential hacks and fake news.EUR/USD levelsWith spot trading at 1.0497, we can see next resistance ahead at 1.0499 (Weekly Classic PP), 1.0503 (Daily Classic S2), 1.0519 (Hourly 200 SMA), 1.0521 (Daily 20 SMA) and 1.0532 (Hourly 20 EMA). Support below can be found at 1.0486 (Weekly Low), 1.0456 (Daily Classic S3), 1.0454 (Daily Low), 1.0403 (YTD Low) and 1.0390 (Monthly Low). 

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EUR/USD preserves daily gains near mid-1.17s as DXY remains in red Eren Sengezer

The EUR/USD pair, which was able to close the day a little above the 1.17 handle on Thursday, recorded modest gains on Friday and was last seen moving sideways near mid-1.17s, gaining 0.2% on the day.Earlier in the day, the

19:00 18 August /2017 Forex

ECB: Draghi returns to Jackson Hole with a dovish message - Danske Bank

Mario Draghi, the President of the European Central Bank will speak at Jackson Hole. Analysts from Danske Bank expect a continued dovish stance from Draghi as the euro appreciation will dominate factors suggesting a more hawkish stance.Key Quot

18:46 18 August /2017 Forex

GBP/USD rejected above 1.2900, tumbles to 5-week lows Matías Salord

GPB/USD dropped again toward weekly lows after being unable, one more time, to hold above 1.2900. The pound is the worst performer among the most traded European currencies, affected by risk aversion. In Wall Street, the Dow Jones is falling 0.38%, at the lowest i

18:46 18 August /2017 Forex