The pound whipsawed after Truss announced her resignation as Britain’s prime minister. The euro has found support at the base (0.8580) of a bullish breakout in early September. The support-turned-resistance at 0.8760 is the first obstacle and its breach would lift offers to 0.8850, a major resistance before a full-blown recovery could materialise. The RSI’s […]
The post EUR/GBP Tests Resistance appeared first on Action Forex.
Gold is holding at around 4,611 USD per ounce on Monday as markets assess Donald Trump’s proposal to escort commercial vessels through the Strait of Hormuz, alongside tentative signs of progress in US–Iran negotiations. The Read more…
Eurozone Sentix Investor Confidence improved from -19.2 to -16.4 in May, beating expectations of -20.5 and signaling a modest stabilization in sentiment. Both the Current Situation Index and Expectations Index also edged higher, rising from Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Getting your home organized is a Read more…