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The euro can’t find its footing and has tumbled 2.7% in October. EUR/USD has stabilized on Friday and is trading at 1.0835 in the European session, up 0.05%. On Thursday, the euro dropped as low as 1.0810, its lowest level since August 2. ECB cuts key rate to 3.25% The European Central Bank didn’t surprise […]

The post EUR/USD Dips After ECB Lower Rates appeared first on Action Forex.

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10/07/2024

Gold Prices Rise Amid Anticipation of Fed Rate Cut

Gold prices continue to experience an upward trend, reaching 2368 USD per troy ounce, fuelled by growing market anticipation of a potential rate cut by the US Federal Reserve. As investors focus on upcoming US inflation data, gold remains a focal point of investment interest. In his recent testimony before Congress, Federal Reserve chair Jerome […]
18/10/2024

Ethereum Fails to Record a Higher High

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17/05/2024

Morning Report

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