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EUR/USD Moves Sideways in Directionless Trade

EUR/USD Moves Sideways in Directionless Trade

EUR/USD Moves Sideways in Directionless Trade February 24, 2021 by Vladimir Vyun EUR/USD has been trading without a clear direction over Wednesday. There were just a couple of US macroeconomic reports released today, and markets were paying attention...

EURUSD Perched in Resistance Area

EURUSD Perched in Resistance Area

The euro currency is strongly consolidating within the resistance levels of 1.2177 and 1.2144. Price action managed to rise to the upper level of the range before giving back the gains. The volatility in the tight range comes as the Federal Reserve Chairman...

Vodafone announces IPO of communication towers subsidiary

Vodafone announces IPO of communication towers subsidiary

February 24, 2021 14:27 On 13 January Telefónica announced the sale of 30,722 tower sites by its subsidiary Telxius to American Tower Corporation (ATC). Now, Vodafone has announced a similar spin-off, which will float its telecommunications tower subsidiary...

Apple Recovers Following Wild Tuesday

Apple Recovers Following Wild Tuesday

Shares in iconic US tech firm Apple are trading a little lower pre-market on Wednesday. Following an initial rally, as the year opened, Apple shares have since retreated, falling almost 18% from highs to the lows printed yesterday. Tuesday’s price action was...

GBPUSD Steadies on Lockdown Lifting Optimism

GBPUSD Steadies on Lockdown Lifting Optimism

The British pound sterling, which has already seen a strong bull run got another boost on Tuesday. The UK Government prepared a roadmap towards re-opening its economy. This puts further upside pressure on the currency pair which is already enjoying a strong...

Upcoming US GDP & Dollar Future

Upcoming US GDP & Dollar Future

Tomorrow we get the final results for US Q4 GDP growth. Expectations are for the result to confirm that the American economy grew by 4.0% annualized (or 1.0% during the quarter), protecting the US from falling into a second technical recession. So, if the...

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