When trading forex, we speculate on the future direction of currencies, opting for either a long ("buy") or short ("sell") position based on our belief in whether a currency pair's exchange rate will rise or fall. Price…
EUR/USD: Awaiting the Federal Reserve and ECB Meetings ● When the DXY Dollar Index dropped to April 2022 levels (99.65) on July 14, many market participants concluded that the best days for the American currency were over.…