The post Eco Data 5/15/23 appeared first on Action Forex.
Markets Stronger than expected US retail sales in the control group briefly interrupted an outperformance of US Treasuries yesterday. Spending in these selected goods categories feeds into the government’s GDP calculation and rose by 0.4% Read more…
Daily Pivots: (S1) 1.3364; (P) 1.3480; (R1) 1.3545; More… GBP/USD’s steep decline confirms short term topping at 1.3631, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for correction to Read more…
Sterling weakened sharply overnight as risk appetite deteriorated on growing fears of military escalation in the Middle East. US President Donald Trump raised the stakes with Iran, issuing a public ultimatum to Supreme Leader Khamenei Read more…