EUR/USD has nearly everything bulls could ask for — a weaker Dollar, fading Fed hike bets, and rising ECB hike odds — yet the pair hasn’t broken out, because Euro itself isn’t confirming the move broadly across its other crosses.
The post Dollar Is Giving EUR/USD Every Chance to Rally. So What’s Holding Euro Back? appeared first on ActionForex.
UK growth slowed in Q2, but economy finished quarter considerably better than June forecasts had suggested. GDP expanded 0.4% q/q after 0.6% growth in Q1, matching expectations, while annual growth accelerated from 0.9% to 1.2%, Read more…
In focus today In Norway, we expect Norges Bank to stay on hold at 4.25% at today’s policy rate meeting, after the low inflation figures for June and July. However, we expect the Monetary Policy Read more…
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