The Euro edges lower in early Monday’ following a triple-Doji last week that signaled strong indecision but the action is still moving above new 2022 low at 0.9900, posted on Aug 23. The single currency came under pressure on Fed’s hawkish stance, confirmed by the statement of chief Powell in Jackson Hole last Friday, though […]
The post EUR/USD: Euro Remains in Red Under Parity But Hopes of More Aggressive ECB Keep Losses Limited for Now appeared first on Action Forex.
WTI crude’s rapid fall from near 120 yesterday to around the 85 area suggests that the oil market is beginning to reassess the scale of the supply shock triggered by the Middle East conflict. The Read more…
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Key Highlights Gold started a fresh decline from $5,420 and traded below $5,200. A major bullish trend line is forming with support at $5,040 on the 4-hour chart. WTI Crude Oil surged toward $120 before Read more…