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EURUSD turns flat around 1.0790 But momentum indicators stuck deep in bearish territory EURUSD has steadied around 1.0790 after its rebound from the 16-week low of 1.0760 faltered. However, whilst there is slight positive energy on Monday, with the price inching higher, the momentum indicators are overwhelmingly within the bearish zone. Nevertheless, the selling pressure […]

The post EURUSD Halts Decline But Downside Risks Persist appeared first on Action Forex.

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22/10/2024

Bonds and Equities Trade Heavy in Slow Start to the Week

In focus today Today the Hungarian Central Bank will announce its rate decision, with the market expecting the policy rate to be kept at 6.5%. Otherwise, market focus will remain on the earnings season and central bank communication following a poor start to the week for most asset classes. Economic and market news What happened […]
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