Cable rose in early European trading on Monday after Russian Ministry of Defense announced return of some troops to bases near Ukraine. Positive news cooled the situation and revived hopes that a war can be avoided, lifting risk-sensitive sterling, adding to positive signals from overall solid UK January labor report. Fresh advance pushes the price […]
The post GBP/USD Outlook: Positive News from Russia Lift Pound appeared first on Action Forex.
Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. Stock Markets just reached new all-time highs but Investors are awaiting for fundamental confirmation before moving on the the Read more…
The Ministry of Finance (MoF) intervened on April 30 and May 1, 2026, after the USD/JPY pair breached the critical 160.00 level. The aggressive yen-buying action, estimated to be over $30 billion, triggered a sharp Read more…
US Stock Markets are continuing their breakouts to ever-fresher highs, but short-term profit-taking seems to be ruining the party The Dow Jones could retake 50,000 in today’s session barring no weekend-safety trading Exploring Technical Levels Read more…