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Climbs above 200-day SMA shows bullish momentum

Euro strengthens, trades above 200-day SMA at 0.8425, signaling bullish momentum against Pound. Bulls target January 15 high at 0.8463; breaking this could extend to 0.8500 and higher. If EUR/GBP falls below 200-day SMA, may drop to 0.8400, with support…

USD steady to slightly firmer – Scotiabank

The US Dollar (USD) is trading steady to slightly firmer on the session but is heading for its first weekly drop since late November in DXY terms. Trading appears relatively slow ahead of the weekend as market participants eye Monday’s…