Daily Pivots: (S1) 1.1584; (P) 1.1603; (R1) 1.1629; More… Outlook in EUR/USD is unchanged. Intraday bias stays neutral, and further decline is expected with 1.1727 resistance intact. Break of 1.1540 will resume the fall from 1.1917 to 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, though, […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
Oil prices surged today, emerging as the clear focus in otherwise subdued global markets, as geopolitical tensions flared again following a fresh wave of Western sanctions against Russia. The U.S. announced new measures targeting energy giants Rosneft and Lukoil, accusing Moscow of prolonging the conflict in Ukraine. The decision reignited fears of tighter global supply, […]
The post Geopolitics Back in Play as Oil Surges on Fresh Sanctions Against Russia appeared first on Action Forex.
Canada’s retail sales grew 1.0% mom in August to CAD 70.4B, in line with market expectations, driven largely by strength in motor vehicle and parts dealers. Gains were recorded in six of nine subsectors, underscoring still-solid consumer activity despite higher borrowing costs. Excluding volatile components such as autos and fuel, core retail sales rose an […]
The post Canada retail sales rise 1.0% mom in August, but early data point to September dip appeared first on Action Forex.
Canada’s retail sales grew 1.0% mom in August to CAD 70.4B, in line with market expectations, driven largely by strength in motor vehicle and parts dealers. Gains were recorded in six of nine subsectors, underscoring still-solid consumer activity despite higher borrowing costs. Excluding volatile components such as autos and fuel, core retail sales rose an […]
The post Canada retail sales rise 1.0% mom in August, but early data point to September dip appeared first on Action Forex.
End of content
End of content