EURUSD keeps firm tone at the start of the week and extends gains above psychological 1.10 barrier after registering a weekly close above this level for the first time since late December. Bulls also cleared a Fibo resistance at 1.1012 (76.4% retracement of 1.1139/1.0601), adding to bullish stance. Falling 200WMA (1.1063) is in focus, with […]
US inflation data caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The ECB interest rate decision is expected to bring no change, but the bank lending survey may shed light on the impact of higher rates on the economy. In the UK, inflation data is […]
The post The Week Ahead – ECB Spotlight as Fed Rate Speculations Drive Market Shifts appeared first on Action Forex.
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