Dollar notches weekly loss against euro as tariffs delayed
By X-blogger - on February 17, 2025
The dollar notched a weekly loss against the euro as a delay in the introduction of trade tariffs planned by U.S. President Donald Trump raised hopes that they may not be as bad as feared, while optimism about a peace deal between Russia and Ukraine helped the single currency rally.
The Euro-Dollar pair made a minor upwards correction in the last session, rising 0.2%. The Stochastic-RSI indicates an overbought market.
Support: 1.0383 | Resistance: 1.0591
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