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The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but Thursday will be busy, with German CPI and US GDP. German CPI expected to ease Germany, the largest economy […]

The post Euro Declines Ahead of German Inflation, US GDP appeared first on Action Forex.

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04/12/2023

Investor Confidence Grows Amid Dropping Yields

Market movers today There are no market movers today in the calendar. This week focus will be on US data releases with both the November jobs report, ISM services, and the University of Michigan survey scheduled. We expect a further cooling in non-farm payrolls on Friday to +140k and see average hourly earnings growth stable […]
21/10/2024

AUD/USD and NZD/USD Could Recover In Short-Term

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17/07/2024

EUR/CHF Technical: Euro Underperformance Over Swiss Franc May Have Resumed

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