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In focus today Today, focus is on German inflation data for May which will give an important clue as to what the euro area print on Friday will show. We expect a large increase in core services inflation due to a base effect from the “German ticket”, which lowered prices on public transportation in May […]

The post German Inflation in the Spotlight Ahead of Friday’s Euro Area Print appeared first on Action Forex.

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Australia: April Monthly CPI Indicator First Impressions

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NZDUSD Pauses Advance at 61.8% Fibonacci

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07/03/2024

Technical Outlook and Review

DXY: The DXY chart exhibits a bearish momentum, suggesting a potential continuation towards the 1st support level. The 1st support at 102.95 is significant as a multi-swing low support, indicating its historical importance as a level where buying interest has emerged, potentially providing support to the price. Furthermore, the 2nd support at 102.63 is characterized […]
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Markets Look Forward to Tomorrow’s US November CPI

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EUR/USD: Taking a Breather After Strong Fall on Thursday

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