As shown in the ETH/USD chart today, 11 March, Ethereum’s price dropped below $1,800 for the first time since autumn 2023. However: → the daily candle closed near its highs; → if the bearish candle on 14 March was an attempt to resume the downtrend, it proved unsuccessful. Thus, we observe: → Ethereum’s price fluctuating […]
Summary United States: February Bounce More Likely a Head Fake Retail sales, industrial production, existing home sales and housing starts all jumped in February, rebounding from the declines posted the month prior. On closer examination, however, the underlying data point to economic growth hitting a soft patch. Next week: New Home Sales (Tue.), Durable Goods […]
The post Weekly Economic & Financial Commentary: Increased Uncertainty Complicates the FOMC’s Job appeared first on Action Forex.
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