Daily Pivots: (S1) 1.2676; (P) 1.2726; (R1) 1.2774; More… GBP/USD is still bounded in consolidation pattern from 1.2826 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained Read more…
Daily Pivots: (S1) 0.8587; (P) 0.8648; (R1) 0.8690; More…. Intraday bias in USD/CHF is staying mildly on the downside. Fall from 0.8727 could extend to 0.8487 support. Break there will argue that rebound from 0.8332 Read more…
Daily Pivots: (S1) 146.63; (P) 147.54; (R1) 148.44; More… USD/JPY is still extending the consolidation from 148.79 and intraday bias remains neutral for the moment. Still, as long as 145.97 support holds, further rally is Read more…
The post ECB press conference live stream appeared first on Action Forex.
US GDP grew 3.3% annualized in Q4, well above expectation of 2.0%. Looking at some details, consumer spending slowed from 3.1% to 2.8%. Goods spending slowed from 4.9% to 3.8%, but services spending growth rose Read more…
BTCUSD manages to halt its short-term decline But its rebound encounters resistance around 40,000 Momentum indicators still deep in their negative zones BTCUSD (Bitcoin) has experienced a strong decline from its recent two-year peak of 49,051, dropping Read more…
ECB left monetary policy unchanged as widely expected. Main refinancing, marginal lending and deposit rates are held at 4.50%, 4.75%, and 4.00% respectively. In the accompanying statement, ECB noted that incoming information has “broadly confirmed Read more…
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed its previous assessment of the medium-term inflation outlook. Aside from an energy-related upward base effect Read more…
Tesla (TSLA) – Get Free Report shares fell sharply Thursday, pulling the stock into a six-month tailspin that has lopped more than $330 billion from its market value, after CEO Elon Musk failed to placate investor Read more…
Check back for updates throughout the trading day U.S. equity futures nudged higher Thursday, while the dollar slipped against its global peers and Treasury yields steadied, as investors reacted to a key 2024 update from Read more…