GBP/USD has been moving higher this week as a result of the strong labor market in the UK and the high inflation readings. Earlier this week, in the Currency Pair of the Week, we discussed how most of the movement for the GBP/USD would be data dependent. On Tuesday, the UK released the Claimant Count […]
The post After Most of the Data for the Week, GBP/USD Advancing appeared first on Action Forex.
We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…
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