USD/CAD moves sideways after halting a winning streak that began on December 27. MACD indicator suggests a potential shift in the pair’s direction. A break above the 23.6% Fibonacci retracement at 1.3351 could lead the pair to surpass the 21-day EMA at 1.3363. USD/CAD hovers near 1.3330 during the Asian session on Wednesday. The USD/CAD […]
The euro is showing little movement on Friday. In the European session, EUR/USD is trading at 1.0564, up 0.09%. There are no US events today and US markets will close early for the Thanksgiving holiday weekend. Eurozone inflation jumps to 2.3% Today’s eurozone inflation report was a reminder that inflation may be largely contained but […]
The post Euro Shrugs After Eurozone Inflation Rises appeared first on Action Forex.
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