Daily Pivots: (S1) 1.0381; (P) 1.0655; (R1) 1.0962; More… GBP/USD is staying in consolidation above 1.0351 temporary low. Intraday bias stays neutral first. While stronger recovery cannot be ruled out, risk will stay on the downside as long as 1.1404 support turned resistance holds. Break of 1.0351 will resume larger down trend towards parity next. […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Japan’s producer inflation moderated in February, offering some relief on the domestic cost front even as import prices surged. Producer Price Index rose 2.0% yoy, slowing from January’s 2.3% pace and coming in slightly below Read more…
ECB President Christine Lagarde signaled that policymakers will remain vigilant against inflation risks stemming from the Iran war while avoiding hasty decisions in the face of heightened uncertainty. In an interview with France2, Lagarde said Read more…
During my career reporting on mortgage rates and home buying and selling trends, I have often paid close attention to real estate technology company Zillow’s published research that often includes making housing market predictions. Zillow Read more…