The EUR/USD pair edged higher on Friday, climbing to 1.1657, buoyed by expectations of a more dovish stance from the Federal Reserve and growing concerns over the economic impact of new US tariffs. Recent data revealed that jobless claims exceeded forecasts this week, further signalling a softening labour market following last week’s lacklustre employment report. […]
The post EUR/USD Rises as the Dollar Struggles Under Tariff Pressures and Fed Uncertainty appeared first on Action Forex.
Chipotle Mexican Grill has spent years convincing investors that it can raise prices, open restaurants, and keep customers coming back, but Wall Street is now asking a harder question about how much growth the fast-casual Read more…
Daily Pivots: (S1) 1.3502; (P) 1.3557; (R1) 1.3660; More… Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.3158 is in progress for 61.8% projection of 1.3158 to 1.3598 from 1.3453 Read more…
Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Intraday bias in EUR/USD stays neutral, and further rise is in favor with 1.1642 support intact. On the upside, sustained trading above 61.8% retracement of 1.2081 Read more…