Key Highlights EUR/USD started a downside correction from the 1.1145 level. A connecting bullish trend line is forming with support at 1.0840 on the 4-hour chart. GBP/USD dipped heavily below the 1.3050 and 1.3000 levels. Gold prices corrected gains and traded below the $3,050 level. EUR/USD Technical Analysis The Euro faced a strong rejection near […]
The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by the unexpectedly low US inflation figures released earlier. Inflation has recently been a critical driver of market volatility, thus its stabilisation […]
The post S&P 500 Index Hits Record High Amidst Lower Inflation appeared first on Action Forex.
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