Day: May 25, 2024

May 25

EURUSD shows no resistance. Overview for 24.05.2024

The primary currency pair continues to weaken at the end of the week. The current exchange rate for EURUSD stands at 1.0805. May statistics showed that business activity in the US accelerated to the highest level in two years. The preliminary value of the Markit Services PMI increased to 54.8 points in May from 51.3 […]

May 25

AUD is experiencing bearish pressure. Overview for 24.05.2024

The Australian dollar is plummeting against the US dollar on Friday. The current exchange rate for AUDUSD stands at 0.6592. The Aussie has come under pressure from the strengthening US dollar. The US currency gained strength after relatively strong reports on the US economy appeared on the market. These reports reduced the likelihood that the […]

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