The post Eco Data 5/16/24 appeared first on Action Forex.
Intraday bias in EUR/CHF remains neutral and some more consolidations could be seen below 0.9472 temporary top. While deeper pullback cannot be ruled out, further rise is expected as long as 0.9304 support holds. Above Read more…
Silver’s $60 floor should hold unless gold breaks first. A structural physical-market deficit gives the $60–60.44 zone real backing, but the most credible path to a break runs through a hawkish Fed SEP, gold losing Read more…
I have covered two bankruptcy stories before. Not from the usual angle of what happened and why; for each, I dug deeper into who could win from the wreckage. The Magellan Aerospace story led me Read more…