Eurozone annual inflation rose to 3.8% in September from 3.2% in August – the highest level in recent months. Energy prices increased by 18.9% year-on-year, while services inflation stood at 3.2%. US CPI accelerated to 3.7% in September from 3.4% in August. The energy index rose by 5.2% over the month, with gasoline prices up […]
The post Fed vs ECB: Rate Gap Adds to Pressure on EUR/USD appeared first on ActionForex.
Intraday bias in EUR/USD remains on the downside at this point. Further fall is in favor with 1.1276 resistance intact. . Below 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, considering Read more…
Range trading continues in USD/JPY and intraday bias remains neutral. Further rise is mildly in favor as long as 156.36 support holds. Above 159.02 will extend the rebound from 152.87 to 160.38 key structural resistance Read more…
The smartest car you can buy is rarely the newest one on the lot. Somebody else has already absorbed the steepest drop in value, and if the car comes with a factory inspection and warranty, Read more…