EUR/USD eases to fresh lows on the day, inches towards 1.1600 level 0 (0)

EUR/USD falls to 1.1611 and below key near-term levels
It has been a rough time for buyers amid the bounce last week as they have struggled to get above the 38.2 retracement level of the recent downswing around 1.1671 and that seems to be enough for sellers to turn things around currently.

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Facebook reportedly losing popularity among teens, highlighting a troubling trend 0 (0)

Facebook drops in pre-market on the report
The Bloomberg report highlights information from a group of researchers who compiled a report for Facebook’s chief product officer, Chris Cox, reflecting a troubling trend that seems to be accelerating when it comes to the firm’s namesake product.

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Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear 0 (0)

Forex news for North American trading on October 22, 2021
Fed chair Powell speaking on a panel at a BIS conference, tilted his inflation fear little more in the direction of „inflation will last longer than expected“ and „the Fed has the tools“ to combat a higher inflation rate.   

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