Read more

Breaking: US dollar weakens after Trump's tweet

5:54 PM 6 August 2020

The US dollar is losing ground after the recent words of Donald Trump. The US president wrote on his Twitter that he instructed his staff to continue work on a regulation aimed, among other things, at lowering the payroll tax.
EURUSD breached the support at 1.1830 again and then moved up. The last M15 bulish candle came after the US President's words. From a technical point of view, the aforementioned 1.1830 level remains a key support for buyers as long as the price sits above it, there is a chance that the 1.1900 resistance level will be tested.

EURUSD - M15 interval. Source: xStation5

Share:
Back

Market News

26.06.2025
15:07

BREAKING: US pending home sales stronger than expected

US pending home sales MoM came in 1.8% vs 0.13% exp. and -6.3% previously (Homes Index: 72.6 vs 71.3 previously)

 14:56

Platinum tries to rebound, rising 1.8% after decline 📈 1:1 correction?

Platinum prices declined from $1,415 to $1,374, though the metal is currently attempting a rebound. However, analyzing the chart and the current price...

 14:36

OIL.WTI at session highs after FT reports on Iran's uranium transfer ⛽

Oil rose after the Financial Times reported that early intelligence suggests Iran’s uranium is largely intact and Tehran has been able to move a...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits