The euro has posted strong gains on Monday. EUR/USD is trading at 1.1126 in the North American session at the time of writing, up 0.49% today. The euro is at its highest level since Sept. 6. It’s a quiet day on the data calendar, with no tier-1 events. In the US, the Empire State Manufacturing […]
Mar 06, 2024
Fed Chair Has Every Reason to Hold the Line
Markets In the run-up to the release of the US services ISM, (US) equity futures/markets yesterday fell prey to a tentative risk-off correction. In particular some parts of the tech sector apparently felt some vertigo after recent record race in the likes of the S&P and the Nasdaq. Safe haven flows supported Treasuries. A soft […]
The post Fed Chair Has Every Reason to Hold the Line appeared first on Action Forex.
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