In focus today In Denmark, October inflation data is due, with energy and food prices expected to drive up inflation to 1.7% y/y from 1.3% y/y in September. Similarly, Norway’s October inflation figures are released today. We forecast core inflation to have eased to 2.6% y/y, with a slight risk to the upside. We do […]
Key Highlights EUR/USD is holding gains above the 1.0980 level. A key bullish trend line is forming with support near 1.0980 on the 4-hour chart. GBP/USD is also consolidating gains near the 1.2700 level. Gold prices are accelerating higher toward the $2,080 level. EUR/USD Technical Analysis The Euro remained well-bid above the 1.0840 level against […]
The post EUR/USD Eyes More Upsides Amid The Holiday Season appeared first on Action Forex.
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