EUR/USD Corrects Lower, 100 SMA Holds The Key
The Euro attempted a clear move above the 1.1250 level against the US Dollar. EUR/USD failed near 1.1275 and recently started a downside correction.
Source: actionforex.com
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PMI Data Highlight Today, But Main Focuses on Fed and ECB Later in the Week
On the currency front, major currency pairs and crosses are bounded within Friday's range for now, with the market awaiting the next move. Releases of PMI data from Eurozone and UK might trigger some volatility today. However, traders' primary focus will undeniably be the upcoming high-profile events - FOMC and ECB interest rate decisions - set to unfold later this week, along with several key economic data releases.
Source: actionforex.com
Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data, Fed Meeting
Updated Price for S&P GSCI (CME: GDZ22). Charting, Price Performance, News & Related Contracts.
Source: theglobeandmail.com
Stocks Set to Open Higher as Investors Await Fed Meeting, Big Tech Earnings
Real-time index price for KBW Premium Yield Equity REIT Index (KYX), along with buy or sell indicators, analysis, charts, historical performance, news and more
Source: theglobeandmail.com
Euro and Sterling Sink on Disappointing PMI Data, Bitcoin Tumbling
Euro and British Pound faced significant downward pressure today, following dismal PMI data that raises concerns about the prospect of further economic contraction in Eurozone and UK. With the German Ifo business climate index on the horizon tomorrow and ECB rate decision due on Thursday, Euro is likely to face additional scrutiny.
Source: actionforex.com