The Easter holiday in Europe and a lack of scheduled publications in the US ensure a quiet trading session this Monday. Only a batch of data from China provides some volatility. Chinese stocks were under moderate pressure on Monday, and the Chinese renminbi has changed little since the start of the day. Investors are concerned […]
The post Robust Renminbi Despite Falling Stocks & Rising Dollar appeared first on Action Forex.
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…
Japan’s trade data for February revealed a mixed but resilient picture, with exports rising 4.2% yoy to JPY 9,572B, comfortably above expectations. Imports also strengthened, up 10.2% yoy to JPY 9,514B, resulting in a trade Read more…