ECB Governing Council member Francois Villeroy de Galhau said in a speech overnight that risks to inflation are now “balanced”, but risks to growth are “on the downside”. There, “the time has come to take out an insurance against this second risk by beginning rate cuts,” he emphasized. Villeroy said whether it’s April or June […]
The post ECB’s Villeroy champions agile gradualism over wait-and-see in rate cut strategy appeared first on Action Forex.
Japanese Yen’s decline continued in today’s Asian session, with USD/JPY breaching 160 mark amid notable absence of comments from Japanese officials, as the country is on holiday. While some profit-taking has occurred due to concerns Read more…
Key Highlights EUR/USD started a recovery wave from the 1.0600 zone. A key bullish trend line is forming with support at 1.0680 on the 4-hour chart. GBP/USD is eyeing an upside break above the 1.2550 Read more…
USDJPY broke key resistance level 155.00 Likely to rise to resistance level 160.00 USDJPY currency pair recently broke the key resistance level 155.00, which led to the acceleration of the active impulse waves 3 and Read more…