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EUR/USD is showing signs of strengthening, currently trading around 1.1088 on Monday. The pair saw significant gains at the end of last week, driven by mounting speculation over the Federal Reserve’s upcoming interest rate decision. The US dollar weakened in response to increasing expectations that the Fed might cut rates by 50 basis points in […]

The post EUR/USD Gains as Fed Meeting Approaches appeared first on Action Forex.

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13/09/2024

Industrial Production and Inflation Expectations in the Spotlight

In focus today In the US, the University of Michigan’s preliminary consumer sentiment survey for September is due. With underlying inflation moderating and short-term market-based inflation expectations declining with global oil prices it will be interesting to see if the reading reflects these trends. In August, 1y and 5y inflation expectations stood at 2.8% and […]
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DAX Looking to Do Double Correction

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Technical Outlook and Review

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