The pound found support from upbeat GDP in Q3. The pair has been looking to hold onto its recent gains above 0.8780, which is a prerequisite before a sustained recovery could materialise. The latest retracement came to a rest over the previous low at 0.8700, a sign of robust interest in keeping the single currency’s […]
The post EURGBP Meets Support appeared first on Action Forex.
It has been what felt like a few years since the previous FOMC, with what resembles a totally different Market since. Since January 28, Oil is up close to 60%, Silver is down 25%, previously Read more…
The Federal Reserve is expected to deliver a “hawkish hold.” The Summary of Economic Projections (SEP) is anticipated to show higher inflation forecasts and a risk that the one expected 2026 rate cut could be Read more…
The USD/JPY pair is trading around 158.90, facing a high risk of FX intervention by the Japanese Ministry of Finance as it nears the 160.00 level. The week is dominated by a “central bank double-header,” Read more…