USD/JPY is at a six-month low near 145.57 on Friday after posting a 2% gain in the previous session. Key factors driving the USD/JPY movement US President Donald Trump’s sweeping duties have fuelled demand for safe-haven assets. This week, Trump announced a 10% base tariff on all imports, set to take effect on 5 April. […]
Investors will begin the week in a state of uncertainty regarding the outlook of Europe’s political landscape. The four-day European Parliament elections concluded on Sunday. According to Reuters, the results showed a significant gain for eurosceptic-nationalists, who have displaced liberals and greens. Additionally, President Emmanuel Macron dissolved the French Parliament, calling for early legislative elections […]
The post EUR/GBP Rate at 21-Month Low Post-European Parliament Elections appeared first on Action Forex.
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Buy FTSE 100 reversed from key support level 8425.00 Likely to rise to resistance level 8832.00 FTSE 100 index recently reversed up from the key support level 8425.00, a former strong resistance from last year, which has stopped multiple upward impulses from May to December as can be seen from the daily […]