EUR/USD Forex Signal: Bearish Flag Signals Strong Pullback

Enter your emailThere is a likelihood that the pair will have a bearish pullback today.Timeline: 1-2 days.pair attempted to stage a comeback as US bond yields retreated.AdvertisementThe EUR/USD pair has had a difficult period this week as investors focus on the rising bond yields.

On Wednesday, European government bonds also jumped. The most important one was the benchmark German 10-year bund, whose yield rose above 0% for the first time since 2019. Bond yields in other countries like Italy and Spain also rose. The EUR/USD will react mildly to the December Eurozone consumer inflation data that will come out during the European session. Economists expect the data to reveal that the bloc’s inflation rose to 0.4% on a month-on-month basis and by 5.4% on a YoY basis.

STRESSED spelled backward is DESSERTS Join us: metacake metacakecc nfts nft nftart nftartist nftcollector cryptoart digitalart nftcommunity trading

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/USD Forex Signal: Consolidation Likely TodayThe price is close to a key support level at $1.1387.
Source: Daily_Forex - 🏆 567. / 51 Read more »

BTC/USD Forex Signal: Bitcoin Very Bearish Below $39,800The BTC/USD remained under pressure as a decline in key global assets continued.
Source: Daily_Forex - 🏆 567. / 51 Read more »

AUD/USD Forex Signal: Aussie at Risk of Further Sell-OffThe $AUDUSD pair declined to the lowest level since January 11th after weak Australian consumer confidence data.
Source: Daily_Forex - 🏆 567. / 51 Read more »

GBP/USD Forex Signal: Sterling Sell-Off Not Over YetThe $GBPUSD has been under intense pressure in the past few days. Will you still trade this market? Get our daily signal here
Source: Daily_Forex - 🏆 567. / 51 Read more »

GBP/USD Forex Signal: Sterling Ripe for a ComebackThe GBP/USD pair came under pressure as investors prepared for the upcoming economic numbers from the UK.
Source: Daily_Forex - 🏆 567. / 51 Read more »

BTC/USD Forex Signal: Bitcoin at Risk of Further WeaknessThe BTC/USD pair remained under pressure even as the closely watched North American Bitcoin Conference kicked off in Miami.
Source: Daily_Forex - 🏆 567. / 51 Read more »