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The euro has stabilized on Monday after sustaining sharp losses on Friday. In the European session, EUR/USD is trading at 1.0656, up 0.14%. The US dollar posted strong gains last week against the majors and surged 1.8% against the euro, which fell to a six-month low. Eurozone industrial production rebounded 0.8% m/m in February following […]

The post Euro Ends Slide as Industrial Production Rebounds appeared first on Action Forex.

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07/05/2024

GBP/USD Aims Higher As Dollar Signals Weakness

Key Highlights GBP/USD started a recovery wave above the 1.2500 resistance. A connecting bullish trend line is forming with support at 1.2500 on the 4-hour chart. Gold prices are attempting a fresh increase above the $2,300 resistance. Bitcoin recovered losses and was able to retest the $65,000 resistance zone. GBP/USD Technical Analysis The British Pound […]
26/07/2024

Performance of Dollar Again Unconvincing, Mixed at Best

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12/07/2024

Nasdaq 100 Index Fell Despite Positive Inflation News

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