EURUSD’s recovery attempt stalls near 20-SMA. Short-term outlook is fragile; support at 1.0732-1.0770. EURUSD held a muted tone, struggling to break past the 1.0800 mark as traders braced for the upcoming US reciprocal tariffs set to be unveiled on Wednesday night. Uncertainty lingers over whether the US president will adopt a conciliatory approach or escalate […]
The post EUR/USD on the Edge as US Tariffs Decision Nears appeared first on Action Forex.
USDJPY loses 1.7% as US tariffs stress investors. Short-term outlook becomes gloomier. More losses expected below 146.50. USDJPY slumped to 147.79, experiencing its worst daily drop (-1.7%) since the summer of 2024, as Trump’s reciprocal Read more…
UK PMI Services was finalized at 52.5 in March, up from 51.0 in February, marking the highest level since August 2024. PMI Composite also improved to 51.5, a five-month high. The modest recovery in overall Read more…
Today, the exchange rate of one US dollar against the Swiss franc dropped below 0.87000 francs—its lowest level since early November 2024. Since the start of 2025, the USD/CHF pair has declined by more than Read more…