The Euro extends consolidation above five-year low into fourth straight day, with sideways trading reflecting quiet mode ahead of Fed’s policy decision, due on Wednesday. Bears are taking a breather after nearly 5% drop in April, with the single currency being strongly deflated by risk aversion and robust dollar on safe-haven buying and expectations for […]
The post EUR/USD Outlook: Euro Extends Consolidation above Five-Year Low appeared first on Action Forex.
Yesterday, the price of Bitcoin climbed above $99,000 – a level not seen since late February this year. However, the bullish momentum proved insufficient to breach the psychological $100,000 barrier, and this morning the leading Read more…
The USD/JPY and USD/CAD currency pairs are showing moderate gains following yesterday’s meeting of the US Federal Reserve. As expected, the American central bank kept its key interest rate unchanged. However, the tone of the Read more…
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