In focus today Today’s schedule is light in terms of data releases. In the US we get the Conference Board Consumer Confidence numbers for June at 16.00 CEST. A Reuters poll has consensus expecting 100.0, slightly down from 102.0 in May. In Sweden, May PPI is released at 08.00 CEST. Its development has been normalized […]
The post Spotlight on US Consumer Sentiment appeared first on Action Forex.
In focus today In the euro area, focus turns to inflation data for Germany and Spain which we receive ahead of the euro area data tomorrow. We expect euro area headline inflation to rise to Read more…
Appetite on Wednesday was limited on both sides of the Atlantic Ocean. In the US, the crowded economic data came in mostly in line with expectations, confirming that the US economy grew 2.8% in Q3 Read more…
Daily Pivots: (S1) 1.0428; (P) 1.0486; (R1) 1.0548; More… Intraday bias in EUR/USD remains neutral and further decline is expected with 1.0609 resistance intact. On the downside, break of 1.0330 will resume the fall from Read more…