The Euro keeps firm tone on fading hopes for ECB rate cut, with markets focusing on tomorrow’s release of German inflation data (annualized CPI expected to rise in May). The bull leg off higher low at 1.0805, where 100DMA contained recent pullback, extends into third straight day and pressuring pivotal barriers at 1.0891/95 (Fibo 76.4% […]
The post EUR/USD: Bulls Hold Grip and Eye Key Barriers as Markets Await Release of German CPI Data appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s beginning to look — and feel — a lot like Read more…
French ECB Governing Council member Francois Villeroy de Galhau highlighted the global economic risks stemming from US President-elect Donald Trump’s plans to increase tariffs and implement tax cuts. Speaking at a retail investor conference in Read more…
USDCAD declines from 1.4100 again RSI moves horizontally below 70 MACD still in bullish momentum USDCAD has successfully broken the 1.4100 psychological mark earlier today, taking the market towards a fresh four-and-a-half-year high of 1.4176. Read more…