Key Highlights EUR/USD extended losses and tested the 1.1420 support. A few hurdles are forming near 1.1500 and 1.1525 on the 4-hour chart. GBP/USD moved into a negative zone below 1.3300. Gold prices struggled near $4,380 and trimmed most gains. EUR/USD Technical Analysis The Euro faced an increase in selling below 1.1550 against the US […]
The post EUR/USD Finds Relief, but Gains May Be Narrow appeared first on ActionForex.
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Two reports. Forty-eight hours. One question. Is the RBA done hiking, or is one final move still waiting in August? Australia’s inflation report on Wednesday and employment data on Thursday could provide the clearest answer Read more…
BoJ Deputy Governor Ryozo Himino reinforced the central bank’s hawkish stance on Monday, warning that delaying policy normalization could allow inflation risks to intensify. Speaking in parliament, Himino said that “delaying the necessary adjustment in Read more…