The post Eco Data 5/23/24 appeared first on Action Forex.
Key Takeaways Global equity markets rallied as optimism over a potential U.S.-Iran peace agreement boosted risk appetite, driving a sharp pullback in oil prices and renewed buying in Asian and U.S. equities. Despite improving geopolitical Read more…
Key Highlights GBP/USD started a recovery wave above the 1.3400 resistance. A rising channel is forming with support at 1.3440 on the 4-hour chart. EUR/USD is struggling to clear the 1.1675 resistance zone. WTI crude Read more…
At first glance, Euro looks healthy this week. Dollar is falling, oil prices are collapsing, and risk appetite is roaring back as markets price the possibility of a US-Iran breakthrough and reopening of the Strait Read more…