Eco Data 10/6/25 – Action Forex

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Iron ore declines as Sino-US tariffs fuel trade war tensions Source link

EUR/USD gyrated lower last week but recovered again after hitting 1.0452. Initial bias stays neutral this week first. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D EMA (now at 1.0678) holds. On the downside, below 1.0452 will bring retest of 1.0330 low. In the bigger picture,…

Australia’s monthly inflation accelerated to 3.0% year-over-year in August, hitting the top of the RBA‘s target band and marking the highest reading in 13 months. The result came in slightly above economists’ expectations of 2.9% and represented a notable acceleration from July’s 2.8% pace. Key Takeaways from Australia’s August CPI Report Headline inflation hit 3.0%,…