EURUSD stays in a quiet mode early Thursday as traders reduced speed ahead of key event of the day – ECB policy decision. The central bank is widely expected to cut rates by 25 basis points to 3.5%, after June’s 0.25% rate cut. With today’s cut being almost certain, markets turn focus towards ECB’s next […]
The post EUR/USD Outlook: EUR/USD Awaits ECB’s Verdict appeared first on Action Forex.
WTI oil futures continue to flatline near a critical support area Bullish trend reversal is a long way above 77.80 WTI oil futures kept their footing above the 67.00-68.00 support region for the third time since the Read more…
The XBR/USD chart reveals that Brent crude oil is trading near its lowest levels of the year. Several factors are pressuring oil prices: → China’s uncertain demand outlook: As the world’s largest crude oil importer, Read more…
The Australian dollar is steady after a five-day slide, which saw the currency fall by 3.5% during that period. In the European session, AUD/USD is trading at 0.6471, up 0.28% on the day. China retail Read more…