The EURUSD currency pair is starting the week trying to stabilize after dropping to 1.0332 last week, its lowest level in two years. The Euro has struggled, falling 4.21% this month and 5.54% since the start of 2024, as concerns about the Eurozone’s slowing economy weigh on the currency. Business activity in the region unexpectedly […]
The post EURUSD: Weekly Market Review appeared first on Action Forex.
Key Highlights Gold started a fresh increase from the $2,535 support. It broke a major bearish trend line with resistance at $2,630 on the 4-hour chart. Oil prices are recovering and might rise toward the Read more…
Canadian Dollar and Mexican Peso faced sharp declines after US President-elect Donald Trump announced plans for aggressive trade measures targeting Canada, Mexico, and China. Trump stated that on January 20, as one of his first Read more…
Minneapolis Fed President Neel Kashkari signaled that a rate cut at the December meeting remains a “reasonable consideration,” reflecting ongoing debates within the central bank. Speaking to Bloomberg TV, Kashkari stated, “Right now, knowing what Read more…