About: melody

Recent Posts by melody

Despite recent gains, EUR/USD is vulnerable due to economic, geopolitical, and valuation concerns

EUR/USD may face downside risks amid overvaluation, weak inflows, geopolitical tensions, and Eurozone economic challenges.

Selling pressure causes the EUR/USD pair to drift towards the lower 1.1100 range

EUR/USD trades near 1.1100 with bearish pressure; momentum indicators suggest continued downside amid weak recovery.

Bonds’ dip buying appears exhausted; yields fluctuated, influenced by inflation concerns and fiscal discussions

US 30-year bond yields rebound amid inflation concerns, nearing second-highest weekly close since 2023.

Rabobank’s Jane Foley suggests that the weakening US outlook could lead EUR/USD to 1.15

Forecasts suggest EUR/USD may reach 1.15, reflecting weaker U.S. outlook despite dollar dominance.

The US oil rig count fell for the third week, totalling 576 rigs, while natural gas improves

US land oil rigs drop to 576 amid OPEC output hike, while natural gas supply tightens.

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