EURUSD gaps down and then falls below 1.0800

EURUSD gaps down and then falls below 1.0800

EUR/USD opened with a negative gap on Monday and continued trading lower during the Asian morning. The pair fell below the key obstacle of 1.0800 (R1), the lower bound of the longer-term sideways range, to hit support at 1.0770 (S1). Then, the rate rebounded and is...
911 Forex News by Marshall Gittler

911 Forex News by Marshall Gittler

High volatility continues in many markets. Oil price jumps on news that US oil production fell in August and is likely to keep falling. WSJ’s Fedwatcher says FOMC might not vote to hike rates next week. PBOC trying to force CNH and CNY to converge so that CNY can be...

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