Today on Tuesday (June 28), the EURUSD opened at 1.0582 and closed at 1.0581 yesterday. As of now, the highest has touched 1.0586 and the lowest has been 1.0569. Temporarily reported 1.0582, an increase of 0.01%. The euro and the dollar were temporarily reported at 1.0578, down 0.03%; the US dollar and Canadian dollar were temporarily reported at 1.2861, down 0.14%.
In early Asian trading on Tuesday (June 28), the U.S. dollar index traded around 103.94. The softening of inflation expectations prompted people to reassess the prospect of aggressive interest rate hikes. Traders waited for Federal Reserve Chairman Powell and European Central Bank President Lagarde on Wednesday. Speech at the ECB Forum.
Edward Moya, senior market analyst at OANDA, said: “It’s hard to say with confidence that a bottom has been reached in U.S. stocks, so many traders are still looking to downplay any rebound that occurs.
The U.S. dollar index ended down 0.17 percent at 103.96 on Monday, having touched 105.79 earlier this month, its highest since late 2002.
In terms of the U.S. dollar index, the U.S. dollar index generally showed a downward trend on Friday, with the lowest price on the day at 103.641, the highest rising to 104.194, and closing at 103.92. After the opening of the U.S. dollar index on Monday, the price maintained a short-term volatile decline, and the daily line ended in a negative line. The U.S. dollar index is still in a bearish trend, but considering that the U.S. dollar index is currently in a volatile decline and has not accelerated yet, we will continue to treat it at high altitudes. Yes, today, we will focus on the short-term resistance of the 104.20-30 range for the time being, and focus on the 104.20 area support below, and continue to focus on the 102.6 area when the price breaks.
In Europe and the United States, prices in Europe and the United States generally showed a state of shock and rise on Monday. The highest price of the day was 1.0614, the lowest was 1.0545, and the price closed at 1.0582. Looking back on the performance of the European and American markets on Monday, after the opening in the morning, the prices in Europe and the United States were directly supported and started to rise. The 1.0520-30 range is supported, and the price will be more after the price is in place. The top focus is on the 1.0610-1.0640 area. At present, we maintain more shocks in Europe and the United States, and we will not pursue orders for the time being.