Markets US stock markets suffered a late swoon last Friday. They started on a bad footing, loosing around 0.5% in the first trading hour with disappointing US eco data triggering an orderly correction. The February US composite PMI unexpectedly fell to its lowest level since March 2023 (50.4) from 52.7 in January (vs 53.2 expected). […]
The post European Stock Futures Up With EUR/USD Approaching First Resistance at 1.0533 appeared first on Action Forex.
Germany’s Ifo Business Climate Index was unchanged at 85.2 in February, falling short of expectations for a rise to 85.8. The data reflects that businesses are still “skeptical” about the outlook, “waiting to see how Read more…
The EUR/USD chart shows the euro rising above its previous February peak of 1.05155, set on the 14th. On one hand, the euro’s strength is driven by Germany’s national elections over the weekend, where the Read more…
AUD/USD is attempting a fresh increase from the 0.6350 support. NZD/USD is also rising and could aim for a move above the 0.5800 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar Read more…