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Doing the same thing over and over again and expecting different results is often described as Albert Einstein’s definition of insanity.
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EUR: The definition of insanity – ING
Doing the same thing over and over again and expecting different results is often described as Albert Einstein’s definition of insanity. -
CAD: Glimmer of hope on the labour market – Commerzbank
The Canadian labour market figures for September, published on Friday, came as a pleasant surprise. Instead of the expected 5,000 jobs, the Canadian economy created more than 60,000 jobs, led by full-time positions. At the same time, the unemployment rate fell despite a higher participation rate. -
GBP/USD Dips Again While EUR/GBP Holds Support
GBP/USD failed to climb above 1.3500 and corrected some gains. EUR/GBP started a decent increase and might aim for more gains above 0.8710. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is showing bearish signs below the 1.3400 support. There is a key bearish trend line forming with resistance near 1.3370 on […]
The post GBP/USD Dips Again While EUR/GBP Holds Support appeared first on Action Forex.
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GBP/USD Dips Again While EUR/GBP Holds Support
GBP/USD failed to climb above 1.3500 and corrected some gains. EUR/GBP started a decent increase and might aim for more gains above 0.8710. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is showing bearish signs below the 1.3400 support. There is a key bearish trend line forming with resistance near 1.3370 on […]
The post GBP/USD Dips Again While EUR/GBP Holds Support appeared first on Action Forex.
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XTI/USD Chart Analysis: Oil Price Falls Below $60
Friday’s comments from President Trump about the potential introduction of 100% tariffs on trade with China pushed WTI crude oil below the $60 level for the first time in four months. The bearish sentiment stemmed from fears of a global economic slowdown amid escalating trade tensions between the world’s two largest economies. The decline was […]
The post XTI/USD Chart Analysis: Oil Price Falls Below $60 appeared first on Action Forex.
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XTI/USD Chart Analysis: Oil Price Falls Below $60
Friday’s comments from President Trump about the potential introduction of 100% tariffs on trade with China pushed WTI crude oil below the $60 level for the first time in four months. The bearish sentiment stemmed from fears of a global economic slowdown amid escalating trade tensions between the world’s two largest economies. The decline was […]
The post XTI/USD Chart Analysis: Oil Price Falls Below $60 appeared first on Action Forex.
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EUR/USD Stages a Correction Amid Sustained Pressure
The euro remains under pressure as escalating trade risks fuel market anxiety. A sharp sell-off was triggered by Donald Trump’s announcement of a potential 100% tariff on Chinese goods, spurring a flight to safe-haven assets and boosting demand for the US dollar. This initiative is seen as a significant escalation in trade confrontation, posing a […]
The post EUR/USD Stages a Correction Amid Sustained Pressure appeared first on Action Forex.
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EUR/JPY Price Forecast: Holds gains near 176.50 due to persistent bullish bias
EUR/JPY gains ground after two days of losses, trading around 176.50 during the European hours on Monday. The technical analysis of the daily chart indicates a prevailing bullish bias as the currency cross remains within the ascending channel pattern. -
The war is over, Trump says, on a historic day for the Middle East
Trump arrived in Tel Aviv earlier Monday to mark the release of Israeli hostages by Hamas after more than two years in captivity.
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