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The Euro’s recent stabilization against the US dollar, now hovering around 1.0766, may be short-lived. Market eyes are turning towards the upcoming two-day meeting of the US Federal Reserve, starting Tuesday and concluding late Wednesday. Key attention will be on the interest rate decision, widely anticipated to hold steady at 5.50% annually. Investor focus is […]

The post Euro Shows Temporary Stability appeared first on Action Forex.

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01/04/2024

Crude Oil Kicks Off the New Quarter on a Positive Footage

The week starts very slowly as most Western markets are closed for Easter holiday. The US revealed the latest core PCE print on a Good Friday and the Federal Reserve (Fed) Chair Jerome Powell spoke after the data. The headline figure came in line with the expectations at 2.8%, down from 2.9% printed a month […]
22/01/2024

January Flashlight for the FOMC Blackout Period

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EURUSD Reaches the Midpoint of a Long-Term Downtrend

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