EURGBP eases for the second day, with fresh weakness from new multi-month high being boosted by the latest threats that the US would impose 200% tariff in imports of wine from the EU, if the union does not ease tariffs on US whiskey. The latest rhetoric adds to growing fears that escalating trade war would […]
The post EUR/GBP: Pullback Needs to Register Close Below Key Supports to Validate Reversal Signal appeared first on Action Forex.
Bitcoin’s move above $80,000 may be the moment this rally changes character. What started as another rebound alongside surging tech stocks is now beginning to look more like a genuine momentum breakout—one that could pull Read more…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round Read more…
Markets A violent sell-off hit UK Gilts as local markets reopened following Monday’s Spring Bank Holiday. In a catch-up move to weakness in core bonds on Monday, UK yields jumped 9 to 10 bps across Read more…