After a strong rally in the US dollar at the end of last week, the currency has moved into a consolidation phase against major counterparts. Investors remain cautious ahead of the release of the ADP employment report for the US private sector, which is expected to serve as a key indicator before Friday’s official Nonfarm […]
The post USD/JPY Tests Multi-Year Highs, While USD/CAD Holds Near Yearly Peaks appeared first on ActionForex.
Silver traders are focused on Thursday’s US Non-Farm Payrolls report, but the metal’s next major move could begin a day earlier. After days of listless sideways trading, Silver has failed to generate any meaningful recovery Read more…
The EU and China have a strong reciprocal trade relationship, with impressive flows of goods and services in both directions. This relationship has come under increasing pressure in recent years. When China was still the Read more…
Eurozone inflation eased more than expected in June, reinforcing signs that price pressures are moderating following the recent decline in energy prices. Headline CPI slowed from 3.2% yoy to 2.8% yoy, below expectations of 3.0%. Read more…