Key Highlights GBP/USD declined heavily below 1.2000 and 1.1850. Many hurdles are forming near 1.1900 and 1.2000 on the 4-hours chart. EUR/USD declined heavily below the parity level. The US Manufacturing PMI could decline from 52.2 to 51.5 in August 2022 (Preliminary). GBP/USD Technical Analysis The British Pound failed to clear the 1.2250 resistance zone […]
The post GBP/USD Accelerates Lower, Euro Dives Below Parity appeared first on Action Forex.
You walk into your bank, ask about CD rates, and the teller slides a sheet across the counter with two or three options. You pick one, sign the paperwork, and that’s it. Your money is Read more…
Gold investors are heading into one of the most important weeks of the year. The Federal Reserve meets March 17 and 18. What Chair Jerome Powell says next Wednesday could move bullion sharply in either Read more…
Cathie Wood, chief of Ark Investment Management, doesn’t give up on her favorite stocks easily. That’s what she just did, buying one of her top holdings that’s down 15% year-to-date. Wood gained a reputation after Read more…