The dollar index rose above 110, updating 20-year highs on Monday morning as a flash reaction to increased pressure on the euro and British pound. European currencies are selling off amid an energy crisis related to Russian gas supplies, which have entirely halted through the Nord Stream pipeline. Although it caused an emotional response at […]
The post Unstoppable Dollar: It Could Rise to 2001-2002 Highs appeared first on Action Forex.
NZDUSD hits fresh lows on US tariff threats Technical outlook remains gloomy RBNZ rate decision due on Wednesday at 01:00 GMT NZDUSD plunged to a one-year low of 0.5795 early on Tuesday following Trump’s renewed Read more…
In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…