Logo-color Logo-white

EURUSD rose to one-month high on Monday after receiving fresh boost from the latest US/EU trade tariffs. President Trump shocked markets again after announcing 50% tariffs on all imports from EU as from June1, with unexpected change of its plans over the weekend, to put tariffs on hold until July 9 and allow for talks […]

The post EUR/USD: Hits One-Month High on Fresh Twist in US-EU Tariff Story appeared first on Action Forex.

previous

EUR/USD Hits Key Resistance Level

next

Sunset Market Commentary

Read More

22/12/2023

Week Ahead – Markets Wind Down for Holidays, Mind the Liquidity Gap

Quiet week ahead as FX markets enter holiday season Spotlight will fall mostly on some Japanese releases Most importantly, liquidity will be in short supply Yen awaits Bank of Japan signals Another devastating year for the Japanese currency is coming to an end. Despite mounting a comeback in recent months, the yen is still on […]
21/02/2024

Minutes of January Fed Meeting the Only Item Worth Mentioning Today

Markets US stock markets performed well this year despite the hawkish repositioning on bond markets. The Dow Jones, S&P 500 and Nasdaq are off their YTD/all-time highs, but record YTD gains of respectively 2.32%, 4.31% and 4.13%. One of the reasons is that stocks have been backed by a strong Q4 earnings season. Unfortunately, this […]
02/12/2024

EURJPY Wave Analysis

EURJPY broke support zone  Likely to fall to support level 156.00 EURJPY currency pair recently broke the support zone located between the support level 160.00 and the 61.8% Fibonacci correction of the upward impulse from September. The breakout of the support level 160.00 accelerated the C-wave of the active ABC correction (2) from the end […]