Romanian Leu surges as centrist mayor Nicusor Dan wins presidential election
Romanian Leu surges as centrist mayor Nicusor Dan wins presidential election
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Eco Data 1/20/25 – Action Forex
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EUR/USD Weekly Outlook – Action Forex
EUR/USD dived further to 1.1064 last week but recovered ahead of 38.2% retracement of 1.0176 to 1.1572 at 1.1039. Initial bias remains neutral this week first. Strong support is still expected from 1.1039 to complete the correction from 1.1572. On the upside, above 1.1292 will bring stronger rise back to retest 1.1572. However, sustained break…
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PBOC is expected to set the USD/CNY reference rate at 7.0240 – Reuters estimate | investingLive
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade…
