The dollar climbed earlier in the week when tensions between Russia and Ukraine escalated. The Trump trade paused as traders awaited new developments. The Reserve Bank of Australia maintained its hawkish tone. The AUD/USD weekly forecast shows a slight rebound as the RBA remains hawkish, but the pair still has downside potential. Ups and downs...
Tensions between Russia and Ukraine escalated this week as the two countries exchanged missiles. Traders worried about Trump’s tariff proposals. Eurozone business activity data revealed a sharp economic slowdown. The EUR/USD weekly forecast points South as traders fear a sharp decline in the Eurozone economy and looming ECB rate cuts. Ups and downs of EUR/USD...
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